Home / Knowledge / News / Textiles / Concert to build new Airlaid production facility
Concert to build new Airlaid production facility
13
Aug '08
Concert Industries Corp is pleased to announce an investment of €50 million (Cdn $80 million) to expand an existing facility located in Falkenhagen, Germany. The expansion will increase Concert's overall annual production capacity by 30%, and will result in Concert being the global leader in the highly specialized nonwoven airlaid product segment. Construction will commence immediately and commercial production is expected to begin in September 2009.

The expansion will add approximately 100 jobs to the existing workforce at Concert's Falkenhagen facility.

"Demand for Concert Industries specialty products is primarily driven by the global feminine hygiene market, which continues to be supported by favorable demographics and expanding consumer interest. We expect this market to continue growing at a rapid pace into the foreseeable future”, said Pierre McNeil, President and Chief Executive Officer of Concert Industries.

“This expansion will help us meet the existing and future growing demand of our customers in Europe and Asia, and will also enable us to better serve our customers in North America from our production facility located in Gatineau, Quebec. Concert's North American business has also been experiencing strong growth and market share gains. This expansion enabled Concert to secure a multi-year contract with an international customer, securing the future of our German and Canadian facilities.”

Concert Industries Corp specializes in the production of nonwoven airlaid fabrics used in a wide range of consumer products, including feminine hygiene, home care, food pad and baby wipe products. The company is headquartered in Gatineau, Quebec and is wholly owned by Tricap Management Ltd., a private equity fund managed by Brookfield Asset Management Inc.

Concert Industries Corp

Must ReadView All

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Courtesy: Jabong

Apparel/Garments | On 24th May 2017

Jabong Mood Store redefines online shopping in India

Jabong, India's leading online fashion retailer, has launched the...

Textiles | On 24th May 2017

Starlinger unveils FX 8.0 circular loom for fabric making

Starlinger, a leading supplier of machinery for woven plastic...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search