Knocking Down the Bone Pile: Gold Mitigation for Class 2 Electronics
Punching Out: Your Financial Preparation for a Sale
Nolan's Notes: The Next Killer App in Component Manufacturing
NOTE Expands Collaboration with a Large International Industrial Customer
February 17, 2022 | NOTEEstimated reading time: Less than a minute
About a year ago, it was announced that a new major deal had been won in NOTE Torsby with a well-established international industrial company. The deal was expected to lead to a growth of approximately SEK 50 million. This collaboration has developed above expectations and the order situation indicates a sales level of around SEK 130 million in 2022.
The operations in Torsby are in a clear growth phase – during Q4 last year, organic growth was 74% and the order backlog continues to increase at a rapid pace. To meet the strong demand, the plant in Torsby has recently expanded by about 50%. The machine investments in the Torsby operations in recent years amount to approximately SEK 70 million. The customers consist of Swedish and international customers active in the areas of Industrial, Medtech and Greentech.
“NOTE is growing successfully with new customers and through expanded collaborations in our strong customer base. Our ongoing expansion in Torsby is a clear example of this. We are well positioned to take advantage of the business opportunities that are strengthened by the fact that European customers are increasingly demanding manufacturing closer to their core business”, says Johannes Lind-Widestam, CEO and President.
Share on:
Suggested Items
Kaynes Technology Acquires Canada-Based August Electronics
05/09/2025 | PRNewswireAugust Electronics Inc. is pleased to announce that it has entered into a definitive agreement to be acquired by Kaynes Canada Limited, a wholly owned step-down subsidiary of Kaynes Technology India Limited, a leading Electronics System Design & Manufacturing (ESDM) company. The transaction is expected to close by the end of May 2025, subject to customary regulatory approvals and closing conditions.
Scanfil Boosts Investment in Electronics Manufacturing in the US
05/08/2025 | BUSINESS WIREScanfil is investing in a second electronics manufacturing line in Atlanta, Georgia, USA. The demand for manufacturing electronics in the USA has increased over the past two years and is expected to continue growing.
Nortech Systems Unveils Reimagined Brand Identity
05/08/2025 | Nortech SystemsNortech Systems Incorporated, a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial and defense markets, is proud to unveil its newly refreshed brand, "Connections Reimagined."
Cybord's Visual AI Solution to Be Integrated with Siemens' Opcenter MES
05/07/2025 | PRNewswireCybord, a leading provider of advanced visual-AI electronic component analytics, and Siemens Digital Industries Software have signed a new OEM agreement to integrate Cybord's cutting-edge AI technology with Siemens' Opcenter™ software for Manufacturing Execution Systems (MES).
Navigating Global Manufacturing in an Era of Uncertainty
05/07/2025 | Philip Stoten, ScoopThe EMS industry faces unprecedented challenges as global trade tensions rise and tariff announcements create market uncertainty. In an overview of IPC Europe’s podcast, MADE IN EUROPE, industry experts from GPV and Zollner examine how these developments impact our businesses and customers, and what strategies will prevail in this new landscape.