Jacob Holm Expands Capacity by 500 Million m2 Per Year

15.06.2020

Jacob Holm Expands Capacity by 500 Million m2 Per Year

Basel, Switzerland, June 15, 2020 – Thanks to extensive work by our team members globally, Jacob Holm has completed a thorough review of all production lines to identify capacity increase opportunities that are aligned with market demand. The subsequent investment program “Project Boost” has been approved by the Board of Directors. Implementation began in May 2020, and the project is expected to be completed by Q2 2022. Jacob Holm intends to leverage learnings from market studies and several key proprietary technology advances to fast-track implementation.

“After a detailed analysis of market and business needs, we completed a reorganization in 2019 into clearly defined business units and significantly strengthened our executive management group with the addition of three new positions. I am very proud to see recognition of the efforts of this new team by the Board of Directors with their approval of Project Boost,” said Martin Mikkelsen, CEO.

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