# AstenJohnson invests $2.5M in new high-speed loom at Kanata dryer fabrics plant

AstenJohnson's board approved a $2.5 million investment for a new high-speed loom at its dryer fabrics plant in Kanata, Ontario, to meet increased demand in US and Canadian markets. The loom is expected to be operational in Q1 2021.

- Type: Investment
- Announced: 2020-10-07
- Where: Kanata, Ontario, Canada
- Value: $2.50M
- Starts operating: Q1 2021
- Status: announced
- Products: dryer fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [AstenJohnson Holdings Ltd.](https://endata.com/companies/25881.md)

## Sources

- [paperage.com](https://www.paperage.com/2020news/10_08_2020astenjohnson_kanata.html), 2020-10-07: "The new high-speed loom in Kanata will address the increased demand for locally supplied Dryer fabrics in the US and Canadian markets."

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