ENGCON has announced plans to triple production capabilities with an investment exceeding £7.5 million.
The manufacturer said the investment programme is part of its commitment to accelerate the global development of the tiltrotator market and meet demand for the firm’s products and systems.
The investment will include new CNC machines installed at Engcon’s production facilities in Sweden over the next three years, which the company said would triple its annual production to 22,000 tiltrotators per year.
Engcon added that the new machines will initially be used to process the cast heart of the company’s tiltrotators. Previously, Engcon made use of CNC facilities through suppliers across different locations. The management of the new computerised and automated production facility will be handled by Strömsunds Kvalitetslego.
Krister Blomgren, CEO of Engcon Group said, “This is a major investment for us, both in terms of our own capacity, but also in the potential that we see in the market. Our calculations indicate these new machines and systems will triple our production capacity, while focusing on our systems in Strömsund means we will be better able to control and maximise potential across the entire production chain, giving us additional advantages compared to competitors.”