What is the story about?
What's Happening?
Henkel has announced the expansion of its manufacturing facility in Brandon, South Dakota, doubling its size to 70,000 square feet. This $30 million investment aims to increase the production of thermal management materials for the electric vehicle (EV) and electronics markets. The expansion includes the installation of additional mixers to enable high-volume production of advanced thermal management and adhesive solutions. These technologies are essential for maintaining optimal operating temperatures and ensuring the long-term performance and safety of automotive batteries and electronic components.
Why It's Important?
The expansion of Henkel's facility is a significant development for the U.S. EV and electronics industries. By increasing production capacity for thermal management materials, Henkel is supporting the growth of these sectors with sustainable, high-performance solutions. This move aligns with the company's commitment to innovation and sustainability, as well as its efforts to strengthen its footprint in North America. The expanded facility will play a crucial role in meeting the evolving needs of the EV and electronics markets, contributing to the future of mobility and technological advancement.
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