Automotive supplier LORD has announced plans to expand its facility in Hückelhoven, Germany, with a €14-million investment. The Hückelhoven facility produces thermal management products for EVs and other industries, including gap fillers, potting and encapsulants, and thermal adhesives, under the CoolTherm brand.
LORD expects the expansion to add over twenty employees to the seventy currently working at the Hückelhoven facility. A new adjacent facility will add an extra 3200 meters of production and office space, and is expected to be completed by mid-2020.
“We have a strong focus on the electric vehicle market and the trend toward electrification. Currently LORD solutions are on nearly every vehicle in the world. This strategic investment in our Hückelhoven facility will further grow our presence in the EV market while supporting OEMs and enabling them to meet launch timelines,” said LORD CEO Ed Auslander.