Mann+Hummel Installs New Technology Centre in Germany
Germany: Mann+Hummel, a Germany based
company, involved in the manufacturing and supply of filtration solutions to international
automotive and mechanical engineering market, has invested USD33.19 million for
the development of 24,000 square meter technology center in Ludwigsburg,
Germany. The technology center would employ 450 employees and would include a
research and development laboratory facilities and company museum. The new
technology center is designed to test the filtration systems under stringent
tests in order to ensure their reliability and durability.
TechSci Research depicts that
the establishment of a new technology center by Mann+Hummel is expected to strengthen
the company’s competitiveness in the international market and improve the
position of the company in the global air filters market.
According to the recent report published by TechSci Research, “Global
Air Filters Market By Type, By Application, By End Use Sector, By Region, Competition
Forecast and Opportunities, 2011 - 2021”,
global air filters market is projected to surpass USD20 billion by 2021, on
account of improving global economic scenario, increasing industrialization and
rising urbanization. Increasing consumer awareness regarding deteriorating air
quality coupled with rising levels of air pollution and stringent government
regulations pertaining to air quality in diverse industrial applications is also fueling in global air filters market.