MATTHEWS INTERNATIONAL EXPECTS JULY OPENING OF SAN ANTONIO, TEXAS SERVICE FACILITY

MATTHEWS INTERNATIONAL EXPECTS JULY OPENING OF SAN ANTONIO, TEXAS SERVICE FACILITY

KUALA LUMPUR, April 6 (Bernama) -- Matthews International Corporation announced the expected July 2022 opening of its state-of-the-art service facility in San Antonio, Texas, for the refurbishment of calender rolls for lithium-ion battery electrode production.

According to a statement, this facility, part of Matthews’ Saueressig Engineering and Energy division, supports the growth of its North American energy business, serving the rapidly growing renewable energy market.

“We are very excited about the start-up of our San Antonio facility, designed to apply our published patents for use of dry electrodes in the production and reconditioning of lithium-ion batteries and multiple roll calenders (MRCs),” said President and Chief Executive Officer, Joe Bartolacci.

“This patented technology has the potential to reduce the cost of production and accelerate mass market adoption of fuels cells for a variety of end-use markets, including the electric vehicle market.”

With demand for green energy technologies accelerating, planning is also underway for a proposed expansion of the San Antonio facility to include a Technical Center for application testing and a demonstration site of its proprietary equipment for both battery electrodes and hydrogen fuel cell component production.

The technical centre supports the Company’s North American customers and augments existing R&D capabilities in the Saueressig operation in Vreden, Germany which drives the Company’s global R&D activities.

The facility will be a complement to the Company’s Burlington, North Carolina, site which is ramping up its energy production capabilities as an extension of its cutting and embossing business.

The North American expansion solidifies the established global position Matthews holds in production lines for the clean energy market, where the Company is a leader in calendering lines for electrode production of lithium-ion batteries for the electric vehicle market.

Matthews International Corporation, a global provider of brand solutions, memorialisation products and industrial technologies, has approximately 11,000 employees in over 26 countries on six continents that are committed to delivering the highest quality products and services.

-- BERNAMA