CONTENT PREVIEW
Industry

Alcon announces defence investment

05 December 2017

Alcon has announced plans to invest GBP2 million (USD2.69 million) into its defence and security business to meet requirements coming from the Europe, the Middle East, the United Kingdom, and the United States.

The brake and clutch manufacturer has seen most success in the motorsport sector, but has recently commissioned a new machining facility in the United Kingdom to facilitate an expansion of its defence business.

The newly announced funding will extend previous investment in the United Kingdom, as well as aiding the establishment of a similar facility in the United States. As a result, the company will be able to double its production capacity.

Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options at ihs.com/contact



(129 of 335 words)
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT