Munters Bets $9.5M on US Coil Venture and €25M on Italy

Munters Group will put $9.5 million into a US coil-manufacturing joint venture with heat-exchanger producer Lordan and spend an estimated €25 million expanding its chiller plant in northern Italy, the company announced on November 11, 2026.

The two projects target different stages of Munters' data-center cooling supply chain. The Texas venture secures components; the Italian project adds manufacturing, development and testing capacity for chillers as European demand grows.

Who owns and runs the Texas venture?

Munters will hold 45% of the joint venture, with Lordan owning the remaining 55%. The partners will build the coil facility near Munters Data Center Technologies' existing site in Selma, Texas, placing component production next to one of the operations that will use it.

Lordan will manage day-to-day operations at the plant. Munters will contribute supply-chain and staffing resources. The seven-year agreement includes commitments to produce and acquire specified quantities of coils during that period, with preferred lead times and price levels.

Why coils matter to Munters

Frank Pellegrino, president of Munters' Data Center Technologies business area, said coils are critical components in cooling products such as computer-room air handlers and fan walls. He described the collaboration with an established heat-exchanger specialist as a way to secure a flexible supply of coils and related components.

"The proximity to our existing facility is an added benefit from an efficiency and environmental perspective, and we're excited about the potential for this joint venture to contribute to our in-house expertise around thermal management and heat exchange," Pellegrino said.

The Lordan deal isn't a capacity addition today — it's a supply contract with a future factory attached. Munters expects Texas production to begin in 12 to 18 months.

What does the Italian expansion add?

Separately, Munters is acquiring a site adjoining its existing chiller plant in northern Italy. The development program for the coming year includes new production lines, research-and-development capabilities and testing facilities, extending the expanded site's role beyond manufacturing alone.

Pellegrino framed the investment as both a commitment to increasing European chiller capacity and a recognition of the Italian operation's role as a hub for expertise in those products.

The two projects take different operational approaches. In Texas, a specialist manufacturer will run a new component plant supported by Munters' supply-chain and staffing resources. In Italy, Munters is expanding an existing facility and bringing production, development and testing together at one site.

What changes for data-center customers?

For now, the announcement concerns future supply rather than capacity already in operation. The immediate changes are the contractual coil-supply commitments and the creation of a larger European chiller manufacturing base.

The practical impact for data-center customers depends on both the Texas plant and the expanded Italian site becoming operational. If they do, Munters will have tightened its grip on the two ends of its cooling supply chain — components in, chillers out — at a moment when European demand is climbing.