Uponor acquires manufacturing facility in Hutchinson, Minnesota for €5.6M

Uponor North America has signed an agreement to acquire a 22,000 square metre manufacturing facility in Hutchinson, Minnesota for €5.6 million ($6.3 million) to expand PEX pipe production. The deal is expected to close by end of August 2017, with production capacity increase expected in 2019.

“The new facility in Hutchinson will allow Uponor to increase production capacity, pending regulatory approvals, in time to satisfy expected growth in demand in 2019.”globenewswire.com

• 2 sources
• globenewswire.comUponor invests €5.6 million in acquisition of manufacturingUponor OyjJul 20, 2017
• achrnews.comUponor Invests $6.35 Million to Expand PEX Pipe Manufacturing | 2017-08-03 | ACHRNEWS | ACHR NewsBy: Matt JachmanAug 3, 2017

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