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LORD Corporation, a global diversified technology and manufacturing company, plans to invest Eur 14 million to expand operations at its Huckelhoven facility in Germany. This expansion project will position LORD to provide optimal support to the fast-growing electric vehicle (EV) market, especially in Germany and all over Europe. The expanded operations will also enable LORD to be closer in proximity to its customers, meet their needs in a faster manner, improve performance, and reduce end costs.
“We have a strong focus on the electric vehicle market and the trend toward electrification. Currently LORD solutions are on nearly every vehicle in the world. This strategic investment in our Huckelhoven facility will further grow our presence in the EV market while supporting OEMs and enabling them to meet launch timelines,” said Ed Auslander, President and CEO, LORD Corporation.
LORD’s Huckelhoven facility has been in operation since 1987. Construction began in March 2019. The new adjacent facility, which will add about 3,200 sq m of production and office space to the existing Huckelhoven facility, is expected to be complete and operating by mid-2020. Gap fillers, potting and encapsulants,and thermal adhesives sold under LORD’s CoolTherm brand name will be produced in Huckelhoven – all in support of the company’s Thermal Management business and formulated to help reduce heat build-up in electronic components.
“As EVs become more and more prevalent, we continue to focus on developing innovative Thermal Management and Structural Adhesive solutions. Expanding in Huckelhoven positions us to support even more growth in the EV space, and we are committed to making greater investments in R&D,” said Vincent Javerzac, Vice President, EMEA, LORD Corporation.
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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