TFP has informed about a planned capacity increase of 50% by 2020. This significant financial investment is in response to rapidly increasing demand for our advanced nonwovens across all markets, following an already significant capacity increase in 2015.Martin Thompson, Managing Director of TFP, comments that: "This latest planned expansion is an exciting and necessary step to meet rapidly increasing demand and facilitate the delivery of the company's successful growth strategy. The 50% growth in capacity will be completed by the end of 2020 and represents the latest phase in an accelerated program of both capacity and capability improvements for the company. Examples include the installation of a state of the art particle plating line & upgraded IT infrastructure at TFP's manufacturing facility in the US, as well as the doubling of production capacity here in the UK in 2015 and increased warehousing to support this. The planned expansion will continue to facilitate the rapid growth we have seen in key markets such as aerospace, defense and fuel cells and will be supported by significant capital investment to develop and house the new capacity."
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