LORD Corp. recently announced it has invested 14 million euros (~ $15.8 million) as part of plans to expand operations at its Hückelhoven, Germany, location. The project will reportedly position LORD to provide support to the fast-growing electric vehicle (EV) market, especially in Germany and throughout Europe. More than 20 additional jobs are expected as a result of this expansion.
The new adjacent facility, which will add about 3,200 sq m of production and office space to the existing facility, is expected to be complete and operating by mid-2020. Gap fillers, potting and encapsulants, and thermal adhesives sold under LORD’s CoolTherm® brand name will be produced in Hückelhoven.