HUECKELHOVEN, Germany—Lord Corp. continues to invest in future automotive technologies.
The firm plans to expand operations at its facility in Hueckelhoven in response to what it sees as a fast-growing electric vehicle market in Germany. The firm will invest about $15.8 million to build a 35,000-sq.-ft. addition adjacent to the current facility. The project will create more than 20 additional jobs and is expected to be operating by mid-2020. Construction began in March.
Lord employs 70 at the site, which spans about 70,000 square feet on about 119,000 square feet of land and has been in operation since 1897.
"Historically Lord's been successful at growing our core business in elastomer bonding and coatings for quieter vehicles or structural adhesives for bonding," said Doug Lorenz, president of Lord's global performance materials business.
"The pull from our customers and the success we've been having is what's driving these investments around the world. Germany is kind of the center of the automotive electric vehicle revolution in Europe and is certainly a region with a strong history of engineering and automotive innovation."