STOCKHOLM
– February 13 -- Husqvarna Group has decided to invest in a new production
facility for manufacturing of chainsaw
chains in Huskvarna, Sweden, where the Group already manufactures professional chainsaws, brush cutters and
trimmers. The Group will also invest in expanded capacity for manufacturing of
cylinders for two-stroke engines for chainsaws in the Group’s facilities in
Nashville, U.S and in Huskvarna, Sweden.
“The
investments confirm our long-term commitment to be a global leader of handheld
forestry products. Saw chains are critical for chainsaw performance. They are
also one of the largest aftermarket product categories. Through the investment,
we will leverage our technical expertise to develop, design and manufacture
chains, thus optimizing the full performance of the chainsaw. The investment
will also enable us to grow our offering in the replacement part market.
Several
sites globally were evaluated before deciding on Huskvarna. Critical needs were
access to technical know-how, skilled labor and a strong infrastructure,” says
Hans Linnarson, President and CEO of Husqvarna Group. In 2015, the new facility in Huskvarna will
employ more than 100 people.
“The
facilities in Nashville and Huskvarna manufacture handheld products, such as
trimmers and chainsaws. By further insourcing cylinder manufacturing, we obtain
better control of a core component for these products”, says Hans Linnarson.
The
investments will amount to around SEK 1bn during 2013 - 2015.
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