STOCKHOLM, Sweden, Nov. 27, 2003 (PRIMEZONE) -- Sapa rationalises by investing 195 MSEK in a new vertical anodising plant at Sapa Profiler in Vetlanda, Sweden. The investment in new and modern surface treatment technology will lead to increased efficiency and improved working conditions through automated production. The new plant is estimated to be in production during the first half of 2006. At the same time the production at existing plants will be moved to the new one and the old ones will be closed down.
"The market for anodised aluminium profiles has seen a positive growth during a number of years. The customers' demand for quality and service is continuously increasing and through this investment we can meet their requirements. The investment strengthen our position as one of the leading suppliers of aluminium profiles in the Nordic region", says Arne Rengstedt, MD Sapa Profiler AB and member of Sapa's Executive Group Management.
Sapa is an international industrial group, which develops and markets value-added aluminium profiles, profile-based components and systems, and heat exchanger strip in aluminium. Sapa will in 2003 have a turnover of approximately 12 billion SEK, with 7,600 employees all over Europe and in USA and China. Sapa is one of Europe's leading companies within its field and the customers are found in the transport, building, engineering and telecom industries. Sapa is listed on the O-list of Stockholmsborsen.
Further information about Sapa can be found on our web site www.sapagroup.com
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