# Hoftex Group invests €8 million in Tenowo production line in Hof

Tenowo GmbH, part of the Hoftex Group, will invest approximately €8 million over the next three years to build a state-of-the-art production line for technical textiles at its site in Hof, Germany.

- Type: Investment
- Announced: 2019-02-21
- Where: Hof, Germany, Germany
- Value: $9.05M (8.00M EUR)
- Status: announced
- Products: technical textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Tenowo](https://endata.com/companies/21355.md)
- [Hoftex Group](https://endata.com/companies/24295.md)

## Sources

- [np-coburg.de](https://www.np-coburg.de/inhalt.hof-hoftex-group-investiert-acht-millionen-euro-in-produktionsanlage.fc89129d-6a67-4b21-8cc4-af80efc0418c.html), 2019-02-21: "Herzstück des Investitionsprogramms ist mit rund acht Millionen Euro eine hochmoderne und leistungsfähige Produktionsanlage."

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