Byk Additives & Instruments Invests in North America
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Work to construct a new 3-storey production building has begun on the newly acquired company grounds of Byk USA in Wallingford, Connecticut, which is scheduled for completion in 2014.
“This investment in Wallingford underlines once again our aspiration to grow on the North American market and to produce as many products as possible locally,” said Dr. Roland Peter, President Division Byk Additives & Instruments.
The overall project, which will cost roughly 36 million euros, represents an important milestone in the global corporate strategy of BYK Additives & Instruments and is also the biggest investment of the Altana Group to date as a whole outside Germany.