;
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

Textile-garment park inaugurated in Ethiopia's Jimma

Textiles | On 15th Dec 2018

Textile-garment park inaugurated in Ethiopia's Jimma

President Omar al-Bashir of Sudan, President Ismail Omar of Djibouti...

Some trying to create unrest over wages: Bangla minister

Textiles | On 15th Dec 2018

Some trying to create unrest over wages: Bangla minister

Some people are trying to create unrest in Bangladesh over the...

Condition of Cambodian garment workers improves: ILO

Apparel/Garments | On 15th Dec 2018

Condition of Cambodian garment workers improves: ILO

Cambodia has seen remarkable improvements in labour standards in the...

Interviews View All

Yashiki Gumber, Sahiba Fabrics

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

The decision to reduce GST on MMF yarn to 12% is transformational

Shiladitya K Joshi, Truetzschler India Private Limited

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Harmeet Singh,

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Harsh Shah,

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Ravindra Jain, Ashish Baid,

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Kevin Nelson, TissueGen

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

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

Ritu Kumar, Label Ritu Kumar

Ritu Kumar
Label Ritu Kumar

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

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

Leave your Comments


December 2018

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

news category


Related Categories:

Advanced Search