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Johnson Matthey Invests in New Autocatalyst Plant in Macedonia

Johnson Matthey Plc (JMAT), the U.K.-based pollution control specialist that makes a third of all autocatalysts, will build a new plant in Macedonia to double capacity.

The 50 million pound ($81 million) investment will increase capacity in the Balkan country to 8 million units a year, said Ian Godwin, investor relations director in a phone interview from London. The factory will open “in the next couple of years,” before tighter European laws on emission control come into force in the next few years, he said.

The new plant will be near the capital Skopje, he said.

To contact the reporter on this story: Misha Savic in Belgrade at msavic2@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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