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Munters Group will invest USD 9.5 million for a 45% stake in a joint venture with Lordan to establish a coil manufacturing facility near Selma, Texas, with production expected within 12-18 months.
“A new coil manufacturing facility will be established near Munters Data Center Technologies’ existing site in Selma, Texas, with production expected to begin within 12–18 months.”refindustry.com
Summarized from public sources; check the original articles before acting on it.