Standard of Excellence: Anticipating Customer Needs Early and Often
The Knowledge Base: At the Forefront of Electronics Manufacturing
Global Citizenship: Training the Next Generation of Talent
HANZA Develops Operations in Finland
September 9, 2021 | HANZAEstimated reading time: Less than a minute
HANZA, listed on Nasdaq Stockholm, continues to experience high demand, and has decided on investments of approximately SEK 30 million in Finland.
HANZA Holding AB (publ) offers complete and regional contract manufacturing. At the beginning of 2021, operations in Finland were expanded through the acquisition of a manufacturer of sheet metal mechanics in Joensuu. The expansion has been well received by the market, and to meet increasing demand HANZA now makes investments in production equipment for machining and sheet metal mechanics, to a total of approximately 30 MSEK.
“We are carrying out an investment program that increases efficiency – and thus capacity – while lowering our production costs. Earlier this year, we decided on investments in our manufacturing clusters in Sweden and China and we are building a new production facility in the Baltic cluster. As the next step in our program, we are now investing in our Finnish operations,” says Erik Stenfors, CEO HANZA.
"The underlying reason for all investments is the same; to meet a growing demand for manufacturing near the end market. Our concept lowers manufacturing costs and increases flexibility. Local production also results in lower carbon dioxide emissions, which is extremely important,” says Erik Stenfors.
Share on:
Suggested Items
Molex Releases New Report on Strategies for Advancing Rugged, Reliable Connectivity in Modern Aerospace and Defense Applications
04/01/2025 | MolexMolex, a global electronics leader and connectivity innovator, has released a new report from AirBorn, a Molex company, which explores the unrelenting demands for constant, continuous connectivity to support the rigors of modern aerospace, defense and space-industry applications.
Yamaha Reveals Latest Updates Boosting Ease of Use in 1 STOP SMART SOLUTION
04/01/2025 | Yamaha Robotics SMT SectionYamaha Robotics SMT Section has announced automated programming capabilities in YSUP factory software that streamline program generation for all surface-mount processes, including dispensing, printing, placement, and inspection.
Airbus to Design and Build ESA’s ExoMars Rover Lander Platform
03/31/2025 | AirbusAirbus has been selected by the European Space Agency (ESA) and Thales Alenia Space (TAS - a joint venture between Thales (67%) and Leonardo (33%)), the ExoMars industrial prime contractor, to build key systems for the ExoMars lander that will safely place the Rosalind Franklin rover on the surface of the Red Planet.
New Cryostatic Systems Elevate Current Research on Qubits
03/31/2025 | Fraunhofer IAFThe Center Nanoelectronic Technologies (CNT) at Fraunhofer IPMS has recently acquired new cryostats for the research on qubits and the qualification of superconducting systems.
North American EMS Industry Up 1.7% in February
03/31/2025 | IPCIPC announced today the February 2025 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.33.