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Heat-transfer solutions company announces double investment

Luvata, the metal solution manufacturing and heat-transfer technology company Luvata has announced two investment plans for its European Heat-Transfer Solutions division

The first is a greenfield facility in Serbia, to manufacture its smaller, higher-volume heat exchangers, while its ElectroFin coil-coatings business has completed its first operation.

The new plant in Serbia, estimated to open at the earliest in Q4 2013 and employing 50 people, will enable Luvata to be more competitive in Turkey and Eastern Europe on smaller, high-volume items. This will also enable its Italian plants to focus their expertise on their traditional strengths in larger, more complicated, low-volume projects.

   

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