Metaltex-Italia-SpA advise they have reached an agreement with Messrs. FAC of Calolziocorte (LC, Italy) for the purchase of their production lines of laundry dryers with wings (both 18 and 20 meters).

Said production lines are currently being moved from the FAC factory to the Montegiorgio (Fermo, Italy) factory of Metaltex, where they will be re-assembled and tested. Production will be started as soon as possible.

METALTEX, already one of the 5 largest manufacturers of l.dryers in the world, will with this new investment further enhance its production capacity. These production lines can yield 1,000,000 pcs annually and will therefore bring Metaltex's laundry dryer capacity very close to 3,000,000 pcs a year.
Metaltex laundry dryers are currently manufactured both in the Montegiorgio (Italy) factory, as well as in the Group's Chinese factory in Canton.

In addition to the above, Metaltex is also expanding its laundry dryer production department in Montegiorgio. The 2 projects combined will create 12,000 sqm of new production space with a total investment of over 4,000,000 €. These projects will bring covered production space to a total 40,000 sqm.
Within the Montegiorgio factory the Group manufactures ldpe and epoxy coated laundry dryers alongside the top quality, exclusive range of Epotherm coated laundry dryers.