Tuesday, October 14, 2008

GF Piping Systems to outlay EUR 21 mln in distribution, production capacityGF Piping Systems to outlay EUR 21 mln in distribution, production capacity

Swiss headquartered GF Piping Systems will make an investment of CHF (Swiss francs) 21 mln (EUR 13 mln) at its Schaffhausen, Switzerland location in order to expand distribution and production. CHF 144 mln of this amount will be invested in expanding the current distribution centre and improving its efficiency, while CHF 7 mln will be spent to expand manufacturing capacity at the Schaffhausen plant.

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