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Luvata invests €5million to strengthen HTS European position

Serbia greenfield facility and first European coil-coatings plant planned

(6 June 2013) Luvata, a world leader in metal solution manufacturing, heat-transfer technology and engineering and design services, announces two investment plans for its European Heat-Transfer Solutions division: a greenfield facility in Serbia to manufacture its smaller, higher-volume heat exchangers, and the first European operation of its successful ElectroFin coil-coatings business. Both investments support Luvata’s position as the world’s biggest producer of coils and coolers for applications including commercial, industrial and mobile cooling and refrigeration.

The new plant in Serbia, estimated to open at the earliest in Q4 2013 and employing 50 people, will enable Luvata to be more competitive in Turkey and Eastern Europe on smaller, high-volume items. This will also enable its Italian plants to focus their expertise on their traditional strengths in larger, more complicated, low-volume projects.

The Electrofin facility builds on its successful coil-coatings business in the Americas, Luvata’s first European coil-coatings plant will be in San Vito, Italy. Scheduled to open in January 2014 and employ 30 people as a start, San Vito will offer Luvata’s two proven protective coatings for HVACR equipment - ElectroFin® E-coat and Luvata Insitu. Insitu is applied to coils and cabinets on location, whereas ElectroFin E-Coat is a factory-applied, full-immersion solution.

Recognized internationally by HVACR equipment manufacturers as the best corrosion protection coatings for coastal environments, these coatings extend the lives of HVAC/R heat transfer coils and components while reducing maintenance and operating costs.

“Although our Heat Transfer Solutions (HTS) division is performing well in the Americas and Asia, some of our European markets remain challenging. In response, we are bringing our successful coil-coatings business closer to our European customers and redeploying our manufacturing expertise to better manage these challenges,” indicates Luvata CEO John Peter Leesi.  “Both investments re-emphasise Luvata’s commitment and dedication in meeting the needs of our customers in Europe.” 
                              
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For more information, please contact:

Stefano Cassis
Vice President, Head of Europe, Middle East, Africa
Luvata Heat Transfer Solutions.
stefano.cassis[@]luvata.com

About Luvata

Luvata is a world leader in metal solutions manufacturing and related engineering services. Luvata’s solutions are used in industries such as renewable energy, power generation, automotive, medicine, air-conditioning, industrial refrigeration, and consumer products. The company’s continued success is attributed to its longevity, technological excellence and strategy of building partnerships beyond metals. Employing over 6,400 staff in 16 countries, Luvata works in partnership with customers such as Siemens, Toyota, CERN, and DWD International.
 

 

Press contacts

Justin Roux
SVP Communications
justin.roux@luvata.com
Tel: +44 (0)208 380 0300

Susan Porter
Communications Manager
Publications & PR
susan.porter@luvata.com
Tel:  +740 368 7750



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