Munters Group AB: Munters to build all-new site in the USA

2022-11-09 09:30:00

Market demand for the precise temperature and humidity control that desiccant dehumidification technology provides has grown considerably, driven by the expansive electrification and digitalization trends. This state-of-the-art, build to suit facility will significantly increase capacity, offer improved workflows, and provide a more inviting and comfortable environment for employees. Also key to this development will be providing even higher levels of customer service and satisfaction in Munters' target markets, including lithium-ion battery production, food processing, and more.

The new facility will house fabrication, assembly, rotor production, a new R&D lab, as well as a service training academy. In-line with Munters' sustainability goals, investments will be made in equipment that doesn't rely on fossil fuels, and renewable energy sources will be used for the building's electrical consumption. The plan is to be fully operational at the new site during 2024.

"Munters is again making important investments in our global footprint, and in our growing markets. Our dedication to providing outstanding customer experiences with our core dehumidification products, solutions and services in the Americas region is clear," says Henrik Teiwik, Group Vice President and President, Business Area AirTech. "This new facility will have reduced carbon dioxide emissions, increased energy efficiency, and a significant share of renewable electricity for our operations, supporting Munters' journey toward a sustainable world."

Global Property Developers Corporation will be the developer for the new Munters facility. Economic development incentive dialog is underway with the City of Amesbury and the Commonwealth of Massachusetts.

"Munters has been part of the Amesbury community for 60 years. Our business has flourished here, and we continue to grow. We're the largest employer in the community, and many of our employees live in Amesbury or the surrounding area, so being able to bring the entire workforce to our new site - plus expand it - is absolutely fantastic! We're looking forward to continuing our solid relationships with the City and Global Property Developers," says Andrew Cook, Senior Vice President, Americas, AirTech.

For more information:
Investors and analysts
Ann-Sofi Jönsson, Head of Investor Relations and Enterprise Risk Management
E-mail: ann-sofi.jonsson@munters.com,Tel: +46 (0)73 025 1005

Media
Susann Johnsson, Vice President, Group Communications and Brand
E-mail: susann.johnsson@munters.com,Phone: +46 (0)70 623 1474

About Munters Group
Munters is a global leader in energy efficient air treatment and climate solutions. Using innovative technologies, Munters creates the perfect climate for customers in a wide range of industries. Munters has been defining the future of air treatment since 1955. Today, around 3,700 employees carry out manufacturing and sales in more than 30 countries. Munters Group AB reported annual net sales of more than SEK 7 billion in 2021 and is listed on Nasdaq Stockholm. For more information, please visit www.munters.com.

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