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Exel Composites to Expand its Operations in Austria

17 February 2015

Exel Composites has released its latest growth strategy outlining its plans to invest in the expansion of its operations in Austria.

 

Exel Composites say that by this investment they will be in a better position to serve its Central and Southern European customers. The target is to more than double the production capacity in Austria with a total cost estimate of the project is EUR 8 million.

 

The expansion project will be launched in the first half of 2015 and it is estimated to be completed during the second half of 2016.

 

Exel Composites will also expand its Nanjing unit in China. The Nanjing project has commenced and is estimated to be completed during the first half of 2016.





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