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LM Glasfiber to move headquarters to Kolding

13 May 2007

LM Glasfiber is planning to move its headquarters from Lunderskov to Kolding, Denmark, to take place in stages mid 2008 and involving approximately 300 employees.

The move is to expand available office space and create a modern and attractive work environment in our headquarters.

Today, LM Glasfiber resides in it's historical headquarters in Lunderskov where the company's roots date back to the 1940's. These facilities have been gradually expanded, but can no longer support the company's continued growth.

""Following our strong international expansion our corporate functions and R&D staff in Denmark has grown by more than 20% in the last 12 months and we are currently working to attract more than 50 engineers and technicians to our Danish R&D Centre to support our strong innovation and technology drive. Denmark is the worldwide wind energy hub, and in order to be able to retain and attract the best talent we must also be able to offer a great work space in a good location. Our move to Kolding will give us a solid future base in Denmark for offering unique global career opportunities in an industry with strong growth prospects"", said Roland M. Sundén, CEO LM Glasfiber.

LM Glasfiber's lab and testing facilities will remain on the current location in Lunderskov.





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