# Oxeon invests EUR 3 million to expand TeXtreme weaving capacity

Oxeon AB announced a EUR 3 million investment to expand its patented ±45° Spread Tow weaving capacity for TeXtreme fabrics at its facility in Borås, Sweden, due to increased demand.

- Type: Investment
- Announced: 2017-02-23
- Where: Borås, Sweden, Sweden
- Value: $3.20M (3.00M EUR)
- Status: announced
- Products: ±45° spread tow carbon fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Oxeon](https://endata.com/companies/22433.md)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2017/02/oxeon-ab-invests-e3million-to-increase-their-%c2%b145-textreme-spread-tow-weaving-capacity/), 2017-02-23: "Oxeon is proud to announce an investment of 3 million euros to expand its patented ±45° Spread Tow weaving capacity."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.