Hovding has signed a strategic development and production agreement with Nihon Plast. Nihon Plast will support product development while having the production capacity to meet the increasing demand for product. The collaboration with Nihon Plast will start immediately and it is Hovding's ambition that the production can
start during spring 2016. Nihon Plast has during a longer time worked on feasibility studies for the production of Hovding's products. In parallel, Nihon Plast's design division, in collaboration with Hovding, has started researching supporting concepts for future generations of Hovding's products.