Brief: Trelleborg Invests In Facility For Sealing Solutions In India

Trelleborg AB

19/04/2023 08:04

April 19 (Reuters) - Trelleborg AB  TRELb.ST :
    * TRELLEBORG INVESTS IN NEW FACILITY FOR SEALING SOLUTIONS
IN
INDIA
    * FACILITY WILL REPLACE EXISTING FACILITIES THAT WILL SOON
REACH
THEIR FULL CAPACITY
    * WILL ACQUIRE LAND IN BANGALORE AREA TO BUILD A MODERN
FACILITY
    * PRODUCTION EQUIPMENT WILL BE UPGRADED
    * PRODUCTION IN NEW FACILITY WILL START IN FIRST HALF OF
2026
    * GROUP WILL INVEST APPROXIMATELY SEK 300 M IN TOTAL BETWEEN
2023
AND 2026

Source text for Eikon:  ID:nMFN68xqCH 
Further company coverage:  TRELb.ST 

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