Expansion of NOTE in Sweden

NOTE has a long-term plan to achieve sales of SEK 7.5 billion by 2027, and to meet future strong growth, NOTE has decided to almost double the size of its Torsby plant. The property, with its 7,000 square metre plant and over 54,000 square metres of land, was acquired in early 2023, and NOTE was already flagging continued expansion of its business at that time. The factory, which was expanded as recently as three years ago, will now be extended by a further 7,000 square metres.

”Our long-term plan remains firm and we continue to expand for the growth we see ahead. The business in Torsby is in a strong growth phase and it is gratifying to continue developing our business together with our customers.”, says Johannes Lind-Widestam, President and CEO.

About NOTE
NOTE manufactures printed circuit boards (PCBA), sub-assemblies and complete products (box build). NOTE is a competitive electronics manufacturer and a stable business partner to customers with high standards. Its products are found in complex systems for electronic control, monitoring and security, for example.

The business model is based on offering advanced manufacturing, customised logistics solutions and advice at the best possible total cost through long-term customer relationships and partnerships. The customer offering covers the entire product life cycle, from design to aftermarket. Customers are primarily large companies operating on the global market, but also companies with their primary sales in northern Europe.

NOTE is established in Sweden, Finland, the UK, Estonia, Bulgaria and China. Sales in the last 12 months totalled SEK 3,849 million and the group has some 1,450 employees. NOTE is listed on Nasdaq Stockholm. For more information, please visit www.note-ems.com.