Heatron to Reinvest $1.6M

Heatron to Reinvest $1.6M

Heatron announces the start of a $1.6M project to bring improvements to the Leavenworth, KS operation. The project was approved by the NIBE Industrier AB board of Directors in Markaryd, Sweden in early July.

This project demonstrates NIBE’s commitment and confidence in Heatron and its ability to continue growing its heating element business at a record pace. This reinvestment strategy is made in support of NIBE’s goal of doubling revenue by 2025.

Among the improvements is the addition of a new production line for flexible heater circuits. This addition will further increase both capacity and capability which will help cement Heatron’s position as a world class custom heating element manufacturer in the United States. The improvements are scheduled to be completed by February 2019.