Drylock announces expansion of its US operations
October 31, 2018 - United States Of America
Drylock Technologies, a company with experience and proven capability in the absorbent hygiene industry, has invested $30 million to expand its existing production at its Eau Claire site in US with a new office building and adult incontinence machinery. The expansion comes just 18 months post the acquisition of Presto Absorbant Products in 2017.
Drylock has grown from simply being an idea to €400 million revenues in the past seven years, building the business from its greenfield production and innovation center at Hrádek nad Nisou in the Czech Republic with further complementary investments into latest generation and future technologies in Italy, Russia, US and Brazil. In a seven year period the company has established and integrated nine production sites and established itself in baby, feminine and adult care with a customer portfolio that includes the worlds' leading retailers and healthcare specialists located in Europe, Russia, US and Latin America.
"I am proud to deliver on our promise to all of our US employees with a state-of-the-art office building. The new headquarters have been built to the highest working standards, including a fully equipped cafeteria, gym, flexible working and meeting rooms, ergonomic seating and a 360 degree panorama on all floors. Moreover the facility has the largest and most modern lab of the entire Drylock group enabling us to continuously lead the field in hygienic innovation. As our business is growing also our capacity has been expanded with two new adult incontinence lines that contain our latest technology. We now possess a platform to grow and provide the best working conditions for all of our employees," Bart Van Malderen, founder and CEO of Drylock. (PC)