€2.8 Million Investment
Runcorn UK: Following on from impressive results in Q4 2013 and an exceptional start to 2014, Sigmatex are pleased to announce a 2.8 million euro investment program due to come on stream in Q2 2014.
The Multi-axial investment programme includes another state of the art Liba Multi-axial line which is further enhanced by a dedicated Meyer Powder Coating line incorporating Infra-red heating and a belt press, to enhance the company’s strategy for non-woven fabrics.
The Woven investment programme includes the addition of a number of new Dornier looms to supplement Sigmatex’s current production capabilities and additional new Dornier Research and Development looms, as well as a significant investment in Open Reed Weaving Technology that will provide Multi-axial weaving capabilities.
The investment in capital equipment is being supported with a significant investment in people representing more than a 20% increase in operational staff into the Runcorn facility
Ian Marchant, Sigmatex’s General Manager, comments that through the commitment of the board, the considerable efforts of the workforce, Sigmatex will continue to lead material innovation within the composites market through textile and operational excellence.