Falorni Tech Glass Melting Technology
Banner
Filtraglass

CPFilms to invest US$ 30 million

US thin film producer CPFilms announced 26 April that it will invest US$ 30 million in new machinery, new buildings and increased capacity to meet the growth in its precision coating and glass treatme…

US thin film producer CPFilms announced 26 April that it will invest US$ 30 million in new machinery, new buildings and increased capacity to meet the growth in its precision coating and glass treatment film business. A new 20,000-sq. ft. facility will be completed by the end of the second quarter of this year to house expanded production and materials storage. High-capacity multi-purpose coating and laminating machinery is to be in full operation by the middle of the year, expanding capacity at Martinsville by one third. Concurrently a new high speed packaging facility will be put on line to meet growing retail Do-it-Yourself solar control window film demands. Ken Vickers, President of CPFilms, said, “We are the US leader for solar control window film and we intend to remain so. Our markets are growing at more than 15% per year, which means that we must have increased capacity to maintain our dominant position.”

Sign up for free to the glassOnline.com daily newsletter

Subscribe now to our daily newsletter for full coverage of everything you need to know about the world glass industry!

We don't send spam! Read our Privacy Policy for more information.

Share this article
Related news