# Jacob Holm launches Project Boost investment program for nonwovens capacity

Jacob Holm launched 'Project Boost', a global investment program approved by the Board, to add 500 million square meters of annual nonwovens capacity and create at least 57 new jobs across all production sites. Implementation began in May 2020 with completion expected by Q2 2022.

- Type: Investment
- Announced: 2020-06-15
- Jobs: 57
- Starts operating: Q2 2022
- Status: announced
- Capacity: 500 million square meters per year
- Products: nonwovens
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Jacob Holm](https://endata.com/companies/28283.md)

## Sources

- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/jacob-holm-launches-widespread-investment-program/), 2020-06-15: "The Project Boost investment program is significant in scope, affecting all production lines of the company across all global production sites."
- [nonwovens-industry.com](https://www.nonwovens-industry.com/exclusives/nonwovens-companies-continue-investment-streak/), 2020-06-18: "The company will implement a company-wide investment program that would lead to a 500 million square meter capacity expansion annually."

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