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Ahlstorm Corporation acquires Lantor filtration business
 
Ahlstorm Corporation acquires Lantor filtration business
Ahlstrom Corporation has acquired the filtration business of Lantor Inc,including its manufacturing site in the USA and its operation in China.The transaction reinforces Ahstroms position in the automotive and air filtration markets by adding additional needle punch nonwoven production capacity and by expanding its product portfolio with high temperature dust filteration and other filtration products.Ahlstrom is one of the leading filtration media suppliers globally and this acquisition further strengthens expansion strategy to become a major supplier to the air, liquid and transportation filter markets.The Lantor acquisition will add approximately $20 million (EUR 17 Million)in sales to Ahlstroms filtration business annually.

It comprises of the manufacturing plant in Bellingham,Massachuetts and in Wuxi,China,which started production in MAY 2005.The new entity in the USA will operate under the name Ahlstrom Lantor LLC.China with increasing power generation needs and growing industrial manufacturing has a high demand for air filtration products.The fact that Lantor has built a successful filtration business in the US and that they have transferred this knowledge to China will allow Ahlstrom to accelerate its presence in this geography.The recent expansion of Ahlstroms South Korea site coupled with Lantors Wuxi China location provides a solid platform to serve customers in Asia.
Posted On : 1/17/2006 4:27:03 PM

 
 
 
Ahlstorm Corporation acquires Lantor filtration business