PGI will also hire up to 20 new employees.
This strategic investment in the Waynesboro plant, along with the recent acquisition of Fiberweb, expands PGI’s spun-melt capabilities and increases PGI’s filtration portfolio to include production and development assets for two nanofibre technologies.
Once the investment is complete, PGI will be one of the only nonwovens companies able to produce every component needed to make synthetic composites for enhanced mechanical filtration applications. Using these synthetic composites, PGI will initially target the HVAC, Facemask, Fluid Power and Automotive Cabin Air markets.
“Filtration is a core business for PGI, and we’re dedicated to accelerating growth in this critical segment,” said J Joel Hackney Jr, CEO PGI. “The investment in Waynesboro will allow us to continue on our path of innovation in the technologies we use to serve the filtration segment, as we work to create a safer, cleaner, healthier world for our families and communities.”
Source: Polymer Group
© FoodBev Media Ltd 2024