SWEP plans factory expansions
SWEDEN: Heat exchanger manufacturer, SWEP, has announced plans to expand its plants in Landskrona, Sweden, and Kosice, Slovakia, in order to meet increasing market demand in EMEA.
Construction work started in Landskrona at the end of November. New production equipment will be installed this summer, with all lines being optimised in the autumn. In addition to the production area 500m2 of new office space will also be built.
The 3,000m2 expansion in Kosice is planned to start early next year and is intended to be fully operational in the second half of 2022.
Commenting on the investment, SWEP’s general manager EMEA, Fredrik Paulsson, said:
“Renewable energy sources and more efficient energy use are absolute musts. SWEP’s heat exchanger technology plays a vital role in the conversion from old, non-sustainable sources and inefficient technologies. By expanding our production in EMEA through additional capacity equipment, such as press lines, furnaces and automation, we will significantly increase our abilities to serve the market. We are here to grow with our customers. With optimised operation flow, we become more flexible towards meeting demands, and thereby less vulnerable to unpredicted events.”