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Hanza Lands Contract for Custom Made Manufacturing Solution
February 20, 2017 | HANZA Holding ABEstimated reading time: 1 minute
Hanza has signed a contract to implement a new manufacturing solution worth €5 million annually. Based on the agreement, Hanza will create a custom made supply-chain to provide complete subassemblies to a customer's final assembly plant in Finland.
Parts will be fabricated in Hanza's cluster in Estonia, and the subassembly will be done in the proximity of the customer site in Finland. The new manufacturing solution will start during the second quarter 2017 and is estimated to reach full capacity within a year. Annual business volume is estimated to €5 million.
"Our business model, to combine consulting services with complete manufacturing, creates new opportunities for our customers," says Thomas Lindström, Senior Vice President, Head of Business Solutions HANZA. "Several product companies are facing the same challenges: to increase flexibility, and at the same time reduce costs and tied-up capital. Then the solution is Hanza."
About HANZA
HANZA is a fast growing industrial business partner within manufacturing. The company increases growth and profitability for its custormers by supplying complete manufacturing solutions in mechanics, electronics, cables and final assembly. HANZA was founded in 2008 and has grown into a SEK billion company. The Company currently operates in Sweden, Finland, Estonia, Poland, Slovakia and China. Among HANZA’s clients there are leading industrial companies such as Atlas Copco, Ericsson, ABB and Saab Defense. For more information, visit www.hanza.com.
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