# BauTex Composites to build $18M glass fiber fabric plant in Strășeni, Moldova

BauTex Composites, created by a German investor, signed an agreement to become a resident of the Bălți Free Economic Zone and will build a plant in Strășeni, Moldova, for producing glass fiber fabrics and products. The investment is approximately $18 million, with 100 new jobs expected in 2022.

- Type: New facility
- Announced: 2021-12-02
- Where: Strășeni, Moldova
- Value: $18.0M
- Jobs: 100
- Starts operating: 2022
- Status: announced
- Products: glass fiber fabrics, glass fiber products
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [BauTex Composites](https://endata.com/companies/59389.md)
- [BauTex-Stoffe](https://endata.com/companies/59390.md) (investor)

## Sources

- [zelb.md](https://zelb.md/en/2021/12/02/compania-germana-bautex-stoffe-investeste-peste-18-milioane-de-dolari-in-constructia-unei-fabrici-pentru-productia-de-tesaturi-si-produse-din-fibra-de-sticla/), 2021-12-02: "Compania germană BauTex-Stoffe investește peste 18 milioane de dolari în construcția unei fabrici pentru producția de țesături și produse din fibră de sticlă."

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