Steelwrist, makers of tiltrotators and quick couplers for excavators, is investing in its recent strong growth and is adding another manufacturing plant in Rosersberg, Sweden, set to open in 2018.
Recently named Sweden's fastest growing manufacturing company in the one million Swedish Kroner level, according to Dagens Industri’s Gasell-competition 2017, Steelwrist will continue to operate its Sollentuna plant, north of Stockholm, and its new facility located new the Stockholm airport.
Steelwrist has signed a new lease agreement with Prologis, one of the world's largest owners of industrial and logistics facilities.
"The new premises almost triples the production area and creates an opportunity for us to continue to grow at a rapid pace," says Stefan Stockhaus, CEO of Steelwrist. At the same time, a new fully automated machining center from Mazak is being installed. This means that Steelwrist will have operations in both in Sollentuna and Rosersberg during 2018.
"With the latest investment in our production equipment, we more than double our machining capacity. Interestingly, the new plant is designed to run unmanned, which means we can run production 24/7, "says Peter Dovrell, production vice president at Steelwrist.
Steelwrist sells products in more than 25 countries with an office in Berlin, Connecticut, and subsidiarys in South Korea, UK and Norway.