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Sep 22, 2020EXPANSIONFinland

FORCIT announces €70M expansion of defence production capacity

FORCIT Group announced a €70 million investment to expand its defence production capacity on December 19, 2025. The expansion aims to strengthen European defence readiness.

Value

$77.0M (70.0M EUR)

Status

Announced

Productsdefence explosives and systems

CompaniesFORCIT Group

Sectors#Specialty Chemicals

“FORCIT, a… major expansion strengthens European defence readiness and deterrence”forcitgroup.com

1 source
forcitgroup.comNews | Forcit GroupSep 22, 2020

Summarized from public sources; check the original articles before acting on it.

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Sep 22, 2020CONTRACTFinland
Finnish Defence Forces and FORCIT sign TNT explosives contract
Finnish Defence Forces customer FORCIT Group supplier forcitgroup.com
Sep 22, 2020NEW FACILITYSalo, Finland, Finland
FORCIT builds new TNT production facility in Finland
FORCIT Group forcitgroup.com
Sep 22, 2020INVESTMENTFinland$33.0M
FORCIT receives EUR 30M EU grant for TNT production facility
FORCIT Group forcitgroup.com

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FORCIT announces €70M expansion of defence production capacity · Endata