Continued expansion of NOTE in Sweden
NOTE is meeting increased demand from its customers and continuing to grow. In Sweden, NOTE's largest domestic market, NOTE has now signed a contract to expand its plant in Norrtälje. Alongside other investments in expanding capacity and rationalising production space, this will increase the total production area of the Norrtälje plant by some 1,100 m2. ...2. The decision is a continuation of NOTE's expansion plan, where NOTE expanded the Torsby plant in the previous year, increasing the plant's production area by approximately 2,200 m2. In addition, in July this year, NOTE acquired the Herrljunga plant, adding 4,000 square metres of production space.2.
”It's pleasing to see the increasing demand at our plants, and given our strong growth, we're constantly working to secure additional production capacity where needed. Sweden is NOTE's biggest market, and in the year, we saw growth there of 35% excluding acquisitions. The continued expansion of our Norrtälje plant will come from expanded partnerships with existing customers and collaborations with new customers.”, says Johannes Lind-Widestam, President and CEO.
For further information, please contact:
Johannes Lind-Widestam, President and CEO, tel. 070-541 72 22
Frida Frykstrand, Finance Director, tel. 070-462 09 39
About NOTE
NOTE is one of northern Europe's leading partners for electronics manufacturing. NOTE manufactures printed circuit boards (PCBA), sub-assemblies and complete products (box build). Its customer offering covers the whole product lifecycle, from design to after-sales. NOTE is established in Sweden, Finland, the UK, Estonia, Bulgaria and China. Sales in the last 12 months were SEK 3,687 million and the group has some 1,400 employees. NOTE is listed on Nasdaq Stockholm. For more information, please visit www.note-ems.com.