The Guntner Group is ramping up operations with an expansion plan that includes increasing production and investment in the research and development of new products.
The goal is to maintain close contact with customers to meet the high level of interest in the Guntner brand.
With the industry subject to continuous change, the Guntner Group recognises the need for ongoing growth in a wide range of areas and markets during the next few years.
"In order to take account of this development, the Gntner Group intensely invests in their R & D as well as in the expansion and modernisation of production," the company said in a statement.
"The steadily increasing demand for natural refrigerants in the commercial and industrial refrigeration sectors requires technical competence and competitive products. Guntner will soon expand their product segments with several new unit series.
"The Group is ideally equipped with their high-capacity product series Güntner HydroSpray, JAEGGI Hybridtechnologie and thermowave for the ever-growing performance requirements regarding the re-cooling of data centres and will establish clear benchmarks with new product developments."
To take long-term trends into account, new test facilities were set up in Germany as well as Brazil last year.
In addition, capacities of several manufacturing facilities will be expanded along with the building of a new plant.
Expansion plans are already underway at plants in Tata (Hungary), Monterrey (Mexico) and Ishevsk (Russia). A company spokesperson said details of the new plant will be announced shortly.