Brief: ProfilGruppen To Invest In New Production Facility

ProfilGruppen AB

17/04/2018 10:48

April 17 (Reuters) - PROFILGRUPPEN AB  PROFb.ST :
    * PROFILGRUPPEN HEADING TOWARDS NEW LEVELS - INVESTING IN
NEW
WORLD CLASS PRODUCTION FACILITY
    * MADE A DECISION ABOUT AN INVESTMENT IN A NEW EXTRUSION
LINE FOR
ALUMINIUM PROFILES IN ÅSEDA
    * IN TOTAL INVESTMENT AMOUNTS TO APPROXIMATELY MSEK 310
INCLUDING
INTERNAL PROJECT AND START-UP COSTS
    * PROJECT WILL BE STARTED IMMEDIATELY AND FACILITY IS
ASSESSED TO
BE IN OPERATION AROUND YEAR-END 2019/2020

Source text for Eikon:  ID:nWkr79TM2B 
Further company coverage:  PROFb.ST 

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