Trade Resources Company News IFN-Holding Intends to Invest Roughly €40m in 2012

IFN-Holding Intends to Invest Roughly €40m in 2012

The Austrian company IFN-Holding intends to invest roughly €40m in 2012 in new technologies, products and the expansion of its business locations. Most of that amount, at roughly €30m, will go to the expansion of window production at Internorm International with approximately half of that sum to be invested in corporate headquarters, including roughly €7m to be spent on the new office building for IFN and Internorm. The rest of the investment funds will be split between the two locations in Lannach and Sarleinsbach. Roughly €5m is to be invested at the Lannach site in a small-series production line and a production line for wood/aluminium lifting sliding doors.

Source: http://www.euwid-wood-products.com/news/building-products/single/Artikel/ifn-aims-to-invest-roughly-EUR40m-in-2012.html
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IFN Aims to Invest Roughly 40m Euro in 2012
Topics: Construction