Global Sourcing Spotlight: How to Evaluate Supplier Capabilities Worldwide
The Knowledge Base: Cultivating Your Brand in the Age of Connection
SMT Perspectives and Prospects: Warren Buffett’s Perpetual Wisdom, Part 2
HANZA Expands Annual Manufacturing Volume for Mitsubishi Logisnext Europe by Over 100 MSEK
July 24, 2023 | HANZAEstimated reading time: Less than a minute
HANZA has signed a manufacturing agreement with Mitsubishi Logisnext Europe (MLE), a leading provider of logistics solutions with self-designed innovative, high-quality forklifts. The agreement expands the existing co-operation between the parties substantiallt and will add an estimated order value exceeding SEK 100 million per year.
HANZA currently manufactures a number of modules for MLE’s factory in Järvenpää, Finland. The parties have agreed on an additional manufacturing solution whereby co-operation is extended to include further sourcing, manufacturing and assembly operations.
"We are proud that MLE has chosen our manufacturing solution, which significantly expands our cooperation.", says Erik Stenfors, CEO HANZA.
"MLE has a long and good cooperation with HANZA and is happy to deepen it further under this agreement ", says Simo Kangastupa, Sourcing Director, MLE Oy.
The new agreement will be implemented in steps and is expected to be fully implemented within one year. At full volume, the new order value is expected to exceed 100 MSEK per year.
The agreement will be executed by HANZA's Cluster Baltics.
Share on:
Testimonial
"We’re proud to call I-Connect007 a trusted partner. Their innovative approach and industry insight made our podcast collaboration a success by connecting us with the right audience and delivering real results."
Julia McCaffrey - NCAB GroupSuggested Items
VVDN Expands Manufacturing Footprint into the UAE to Meet Global Demand
08/20/2025 | PRNewswireVVDN Technologies, a global provider of software, product engineering and electronics manufacturing services & solutions, today announced it is setting up a new manufacturing facility in the UAE as part of its global expansion strategy.
Haylo Labs Acquires Plessey Semiconductors
08/20/2025 | Haylo LabsHaylo Labs has acquired Plessey Semiconductors, the UK’s leading innovator in microLED display technology.
Kimball Electronics Veterans ERG Members Proudly Participate in the 5th Annual Honor and Remember Run
08/20/2025 | Kimball ElectronicsVeterans and Military Service Advocacy (VMSA) Employee Resource Group (ERG) members Michael Mosher (Database Administration Engineer), Michael Stone (Test Technician Team Lead), and Joshua Belcher (Application Development Manager) took part in the 5th Annual Honor & Remember Run, a meaningful event dedicated to honoring fallen service members. The race featured a powerful memorial wall constructed from dog tags.
Meet Incap UK at the Electronic Component Show 2025
08/20/2025 | IncapIncap UK is pleased to be exhibiting at the Electronic Component Show 2025. This one-day event will take place on 18 September at the Kassam Stadium in Oxford, bringing together design engineers, purchasing professionals, manufacturers, distributors, and service providers to discover new products, solutions, and contacts. You will find us at stand 52.
Hon Hai Rotating CEO Yang Qiujin Wins 2025 Golden Yang Award for Women’s Power in Technology
08/20/2025 | Hon Hai Precision Industry Co., Ltd.Amid the global rise of "female-powered technology," Yang Qiujin, Rotating CEO of Hon Hai Precision Industry Co., Ltd. (TWSE: 2317), the world's largest platform solutions provider, has been awarded the "2025 Golden Yang Award - Female-Powered Technology" by the China Software Association/China Software Industry Association.