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09 Jun
17:30

German fastener systems maker keeps investing

Modersohn, a German manufacturer of heavy-duty fasteners for masonry and precast concrete façade systems made of stainless and lean duplex steels, plans further investments after lifting revenue in 2021. Last year, the company achieved a record revenue of just under €22 million ($23m), an increase of 16% over 2020. "In the course of 20 years, we have quadrupled our turnover, and we have invested the profit primarily in the expansion of our site, …
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