# VILPE invests €2.5 million in factory and office expansion in Korsholm

VILPE is investing €2.5 million to expand its factory and office in Korsholm, Finland, including new machinery. Construction begins on May 17, 2021.

- Type: Expansion
- Announced: 2021-05-05
- Where: Korsholm, Finland
- Value: $3.00M (2.50M EUR)
- Status: announced
- Products: ventilation products
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [VILPE](https://endata.com/companies/54917.md)

## Sources

- [vilpe.com](https://www.vilpe.com/en/2021/05/05/2-5-million-investment-in-vilpes-factory-in-korsholm/), 2021-05-05: "Family business VILPE invests 2.5 million euros in expanding the factory and office in Korsholm, Finland."

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