$22 million to be invested in Morges site.
Ink manufacturer Sensient Technologies Corporation has announced plans to invest $22 million (€16 million) in the digital ink capabilities and production at its Morges, Switzerland site. The expansion is intended to accommodate “greater growth in its digital inks business”.
The investment includes the expansion of the plant’s currently production capabilities, as well as the integration of new technology with current applications in industry inks, including Sensient’s ElvaJet inks product line.
Kenneth P. Manning, Chairman, President and CEO, Sensient, commented: “With this investment, we are continuing to secure our leadership position not only in digital inks, but also in the global industrial ink market. We see a significant opportunity to grow our digital inks business and to meet the long-term needs of our customers. Our investments ensure that we will remain in the forefront of the industry with cutting-edge technologies and state-of-the-art facilities.”
Sensient plan a series of investments to expand their global capabilities in sublimination and pigmented inks, along with pigment dispersions.