Thermex

Thermex group plans to build a new chiller production plant in Tosno, Leningrad Oblast, Russia, with an area of about 11,000 square meters. The project is supported by the Leningrad Oblast government.

JTE Machines, a provider of RF, ultrasonic welding, and automatic cutting machines for industrial fabrics, was acquired by Thermex on January 19, 2021. The terms of the transaction were not disclosed.