ROTOTILT MANUFACTURER INDEXATOR, BUILDS NEW FACTORY

Summary of Report

Industrial company Indexator has decided to invest 100 million SEK in a new factory in Sweden. One crucial reason for the decision was a financial contribution from Nutek which is providing 19 million SEK in investment funding.

This contribution will cover some of the risks Indexator is taking by building new premises in Vindeln Sweden.

“I am delighted that the board of directors has taken the decision to build a new factory for Rototilt here in Vindeln. The market potential for our products is huge and by making this investment, we are really taking advantage of our growth potential,” says Indexator’s managing director, Pär Lärkeryd.

Production at the present factory is currently at its maximum and the company has doubled in size in just a few years. This, combined with successful sales and the future potential of the business, has meant that Indexator has had to invest.

Source:
Press release from Indexator >>

November 13, 2005