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Profol is investing more than $45 million in a new manufacturing facility in Greiz, Germany, to produce Progano lightweight composite thermoplastic. The plant is scheduled to start production in 2020, will employ 45 people, and have an annual capacity of over 20,000 metric tons.
“We are excited about the future prospects of the lightweight composites market, and seek to leverage our considerable knowledge about lean continuous mass manufacturing of thermoplastic materials.”profol.com
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