STOKE-ON-TRENT, England, March 9, 2017 /PRNewswire/ --
Recticel announces that its Insulation division, one of Europe's Leading PIR insulation board manufacturers, plans for a new state-of-the-art production capacity in the UK, enabling the company to significantly increase its production output as well as to create new jobs.
The investment by Belgian-based Recticel group is expressing its confidence in the post-Brexit British manufacturing and construction market.
The investment is expected to amount to at least €20 million, and start of production is planned in the 3rd quarter of 2018.
Kevin Bohea, Commercial Director at Recticel UK, said: "The plans and designs are in place, so this is an incredibly exciting time for Recticel. Following the successful growth of the UK business it became clear we needed to further invest in this country to match the expectation and growth in demand from our customers. This new operation will allow us to support their growth in the foreseeable future."
About Recticel Insulation:
Recticel Insulation is an experienced and reliable insulation partner that offers high quality solutions to guarantee the daily comfort of the end users. The company strives for innovative and continuously improvement in insulation solutions. Those are the result of years of experience, craftmanship and a passion for polyurethane. The insulation producer is internationally active and operates from four European production facilities. The Recticel insulation products and solutions are available through different sales channels in Europe.
Recticel Insulation is part of the stock listed Recticel Group, a well-known European player in the field of polyurethane solutions. Recticel is mainly active in the furniture, automotive and construction industry and employs worldwide about 7.600 people in 27 countries.
SOURCE Recticel Insulation