INVESTMENTS

We are adding filter capacity in our Cadillac facility which is scheduled to be commissioned during quarter four of this financial year. The addition is a new fully automated second filter line that will run independently from the existing capability. It will double current filter manufacturing capacity and its state of the art robotics and controls will deliver efficiency as well as output improvement. This investment reinforces our commitment to filter manufacture and recognizes the importance of the consumables revenue stream in the future.

 

In a generally depressed financial environment where many in our industries are cutting costs, we have continued to invest in our sales, marketing and product development activities. We have a new sales office in Malaysia and our Baltimore based US  business development team will be moving to larger premises in the second half to accommodate their expanding needs.

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