US technology and manufacturing company LORD Corporation is investing 14 million euros to expand operations at its facility in Hückelhoven in western Germany. The expansion is aimed at better positioning LORD in the booming electric-vehicle market, particularly in Germany and Europe.
70 people currently work for LORD in Hückelhoven, and more than 20 additional jobs are expected to be created. Morevoer company management have suggested that this may be only the beginning of the expansion at the facility, which has been operating since 1987.
“Expanding in Hückelhoven positions us to support even more growth in the EV space, and we are committed to making greater investments in Research & Development,” said Vincent Javerzac, Vice President, EMEA, LORD Corporation.