Scanfil plc Other information disclosed under the rules of the Stock Exchange 30 January 2023 at 3.00 p.m. EET
Scanfil invests in the Sieradz factory manufacturing capacity
Scanfil has decided to invest in new manufacturing technology in Sieradz, Poland. The investment includes a new electronics production line and warehousing automation. The total investment is about EUR 6 million.
In addition, Scanfil will initiate a plan to expand the existing factory with the additional manufacturing building of approximately 8,000 m2. The pre-planning of the project will be started immediately and the final decision of the new manufacturing building will be done later in 2023.
“The new electronics production line will be fitted in the existing factory building and will increase Sieradz electronics manufacturing capacity already during the third quarter of 2023”, says Petteri Jokitalo CEO of Scanfil. If the new building project will be initiated, it will increase Sieradz factory floor space close to 26,000 m2 by 2025.
The investment decision is based on existing strong customer demand and projected growth potential driven by our Industrial and Medtech customers.
“We are very excited about the expansion plans in Sieradz. New manufacturing capacity will enable us to serve our customers better than ever and realize the seen growth potential”, states Scanfil Sieradz factory’s managing director Pawel Kurowski.
Sieradz factory is a modern so-called close-to-customer market factory specializing in serving our demanding global customers. Largest customers are from Energy & Cleantech, Automation & Safety and Medtech & Life Science.
Petteri Jokitalo, CEO
Tel +358 8 4882 111
Pasi Hiedanpää, Investor relations and communications director
Tel. +358 50 378 2228
Scanfil is an international manufacturing partner and system supplier for the electronics industry with 45 years of experience in demanding manufacturing. Scanfil provides its customers with an extensive array of services, ranging from product design to product manufacturing, material procurement and logistics solutions. Vertically integrated production and a comprehensive supply chain are the foundation of Scanfil’s competitive advantages: speed, flexibility and reliability.
Typical Scanfil products are modules or integrated products for e.g. self-service application, automation systems, wireless connectivity modules, climate control systems, collection and sorting systems, analysers and environmental measurement solutions. Scanfil services are used by numerous international automation, safety, energy, cleantech, connectivity and health service providers, as well as companies operating in the field of urbanisation. Scanfil’s network of factories consists of 9 production units in Europe, Asia and North America. www.scanfil.com