# Allnex invests EUR 12 million in R&D center and production expansion at Werndorf

Allnex Austria GmbH is building a research and development center and expanding its production facility at the Werndorf site, with an investment of EUR 12 million. The new building will house 70 employees relocating from Graz and is expected to be completed in late summer 2022.

- Type: Expansion
- Announced: 2021-10-27
- Where: Werndorf, Austria, Austria
- Value: $14.0M (12.0M EUR)
- Jobs: 70
- Starts operating: Sep 2022
- Status: under construction
- Products: water-soluble synthetic resins, coatings and coating resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Allnex Austria](https://endata.com/companies/58731.md)

## Sources

- [meinbezirk.at](https://www.meinbezirk.at/graz-umgebung/c-wirtschaft/allnex-investiert-in-forschung-und-entwicklung_a4964821), 2021-10-26: "Der führende Hersteller von Lacken und Beschichtungsharzen investiert 12 Millionen Euro für die Erweiterung und Modernisierung der Produktionsanlage im Werk Werndorf."

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