Sweden-Based Munters Group AB Plans Greenfield, Virginia, Manufacturing and R&D Facility
The company will invest $36 million and plans to retain its approximately 200 workers in the new location. The 365,000 sq. ft. facility, expected to open in summer 2022, will house manufacturing, research and development, and sales of data center cooling systems and high-temperature industrial process systems.
“A move to the Roanoke region will allow for the expansion that is needed for the Data Centers business in the U.S. It also generates an opportunity for our employees to move into a new, upgraded facility suited to our specific needs,” said Michael Gantert, president Data Centers at Munters. “Remaining in Virginia allows us to continue caring for our workers while opening doors for new team members to join the Munters family.”
Munters worked with Botetourt County and the Roanoke Regional Partnership in support of the project and will receive local considerations on land and site prep.
“When Munters approached us, we quickly recognized a win-win situation. A new facility will meet the company’s growth and Botetourt County will have another international manufacturer to add to our roster of foreign direct investment,” said Dr. Mac Scothorn, chairman of the Botetourt County Board of Supervisors. “We appreciate that Munters recognizes that the company will benefit from the business climate in Botetourt County.”
Munters Group AB, headquartered in Kista, Stockholm, Sweden, represents the 13th nation in the Botetourt County manufacturing community. The company, founded in 1955, has 17 manufacturing facilities worldwide with five in the United States.
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