MTI(US:MTX) Globenewswire·2025-09-29 13:05Core Viewpoint - Minerals Technologies Inc. (MTI) is making significant capital expenditures to enhance its SIVO™ pet care business by upgrading facilities in the United States, Canada, and China to meet growing customer demand for high-quality cat litter [1][4]. Group 1: Investment Details - MTI is investing in plants located in Dyersburg, Tennessee (USA), Brantford, Ontario (Canada), and Chaoyang City, Liaoning Province (China) [2]. - The upgrades in Dyersburg and Brantford will enhance manufacturing capabilities and streamline logistics, increasing throughput and flexibility to meet customer demand [3]. - The investment in Chaoyang City will significantly expand the plant's capacity to serve a growing and diverse market [3]. Group 2: Market Context - Cat ownership is at its highest level in a decade and continues to grow, prompting MTI to upgrade its plants to expand capacity and support customer needs [4]. - SIVO™ is recognized as a global leader in private label cat litter, offering a wide range of customizable products [4]. Group 3: Strategic Goals - The investments aim to improve productivity, safety, quality, and capacity at MTI's facilities, addressing key customer requirements for research and development, packaging, and high-quality products [5]. - MTI's pet care team leverages over 35 years of experience in the cat litter industry to bring innovative products to market, enhancing the private label cat litter category [5]. Group 4: Company Overview - Minerals Technologies Inc. reported global sales of $2.1 billion in 2024 and operates in 34 countries with 4,000 employees [6].