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Munters Group Outlines US, Italy Investments to Scale Data Center Cooling Production

MT Newswires·11/11/2026 07:35:06
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07:35 AM EST, 11/11/2026 (MT Newswires) -- Munters Group (MTRS.ST) outlined two major investments aimed at strengthening its supply chain and capacity for cooling products used in data centers, according to a Wednesday release. The Swedish air treatment and climate systems company will invest $9.5 million for a 45% stake in a Texas, US-based coil manufacturing joint venture with Lordan, with initial production targeted in the next 12 months to 18 months. Munters also earmarked 25 million euros for the expansion of its chillers production facility in northern Italy, which includes acquiring an adjoining site and establishing new production lines, testing facilities, as well as research and development capabilities.