NOTE | OMX STO SEK

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NOTE wins breakthrough order in the UK

Baldor UK Ltd, the UK's leading motor control company, has selected contract manufacturer NOTE as its manufacturing partner for the next generation of motor control equipment, the MotiFlex e100. Baldor UK Ltd. is a division of US industrial company Baldor Electric Co. The business is initially estimated to amount to about SEK 40 million per year. "It ...

"This is not just a big deal, but a breakthrough for NOTE on the UK market. It's another clear example of our new marketing initiatives starting to pay off. NOTE's flexible business model combines knowledge-intensive services with seamless transfer of volume production to NOTE's plants in the Baltics. We help reduce time-to-market and offer customers low total cost of ownership," says Arne Forslund, President and CEO of NOTE.

"A key reason for moving production to NOTE is that they offer valuable competence in production customisation and rapid prototyping. By engaging NOTE early in the product's lifecycle, we can get products to market faster. We also anticipate sharply rising volumes over time, and a big need for high-volume production in cost-efficient regions within Europe. NOTE offers a unique range of services to meet these needs," says Dave Westley, Purchasing Manager at Baldor UK Ltd.

For further information, please contact:
Arne Forslund, President and CEO of NOTE AB, tel. +46 (0)8 568 990 07,
+46 (0)705 477 477

Martin Linder, Business Development Manager NOTE AB, tel. +46 (0)8 568 990 11,
+46 (0)708 73 95 35

Dave Westley, Purchasing Manager, Baldor UK Ltd, tel. +44 (0)1454 85 0000, +44 (0)789 9661955

Annelie Wirdefeldt, IR/Communications Manager, NOTE AB, tel. +46 (0)8 568 990 01,
+46 (0)76 815 99 99