Brief: Kordsa Teknik Says There Is No Decision Taken For Additional Investment In Our North America Plant

Kordsa Teknik Tekstil

01/05/2023 09:11

May 1(Reuters) - KORDSA TEKNIK  KORDS.IS :
    * SAID ON SATURDAY THERE ARE NEWS IN SOME AMERICAN-BASED
LOCAL
PRESS SOURCES ABOUT INVESTMENT DECISION FOR OUR NY66 FACILITIES
IN NORTH AMERICA AMOUNTING TO $50 MILLION 
    * THERE IS NO DECISION TAKEN FOR ADDITIONAL INVESTMENT IN
OUR
NORTH AMERICA PLANT EXCEPT INVESMENT RELATING TO CAPACITY
INCREASE ON DIPPING PRODUCTION LINE IN NORTH AMERICA AMOUNTING
TO $20 MILLION AS STATED IN PREVIOUS ANNOUNCEMENT

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nIKA54ggKf
 Further company coverage:  KORDS.IS  

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