March 15, 2012
Vahterus Americas opens in Matthews, eyes U.S. manufacturing
Finnish manufacturer Vahterus Oy has opened its first U.S. office on Siskey Parkway in Matthews. Known as the inventor of plate-and-shell heat exchanger technology, Vahterus remains the global leader in its field and has installed over 32,000 heat exchangers around the world since its inception in 1990.
North America accounts for 15 percent of Vahertus’ installations to date. The new U.S. subsidiary will focus on sales and technical service but also expects within three years to set up manufacturing operations in order to serve the Americas more efficiently. Vahterus Americas currently employs two and plans to add two positions by the end of the current year.
“Charlotte was the outstanding choice in establishing our U.S.-based operations,” says Vahterus Americas President Jonathan Pascoe. “The city’s excellent domestic and international airport hub as well as highways make travel to anywhere in the Americas straightforward. Align this with its vibrant business culture, good labor availability, and competitive manufacturing cost base, and Charlotte is clearly a location that will allow Vahterus to prosper and grow for many years to come.”
The Charlotte Chamber, with assistance from the North Carolina Department of Commerce, supported Vahterus over the past several months as the company evaluated its location options.
Please click here to read Vahterus Americas’ official release.
For more information on Vahterus, please visit www.vahterus.com. You may also wish to contact one of the following:
Charlotte Chamber | 330 South Tryon Street | Charlotte, NC 28202 | 704.378.1300 | www.charlottechamber.com