HANZA AB is investing SEK 75 million in an expansion of the Group's manufacturing cluster in Sweden to meet increasing volumes. HANZA has decided to build a new factory section of 8,800 square meters in Töcksfors, Sweden. The new facility is a new and extension of HANZA's existing production facility in Töcksfors and will provide new areas for assembly in particular.

The reason is a continued long-term good demand. Occupation of the new factory is planned for the turn of the year 2024/2025. In addition to the investment of SEK 75 million, the project includes specific investments in the machine park to support the increased assembly capacity.

The expansion will contribute positively to HANZA's sustainability work with energy efficiency improvements. In the new building, geothermal heat pumps will be installed to handle heating in both the new and existing premises, which means major energy savings.