Eurocoil to benefit from €15m investment13th January 2023
ITALY: Eurocoil, a leading manufacturer of finned coils, condensers and coolers, is to benefit from an investment of €15m to expand production at its site in Bovolone, near Verona.
The construction of a new factory of over 9,000m2 will see employee numbers reach over 300 by 2031.
The investment follows the company’s acquisition by Baltimore Aircoil (BAC) in 2021. At the time, BAC said that the acquisition would enable it to accelerate the development of industry-leading evaporative hybrid and adiabatic technologies.