Systemair streamlines production in North America
Systemair's North American company Fantech streamlines production and logistics.
Fantech has a production plant located in New Brunswick, Canada and a mounting
plant in Florida. In order to get a better use of the production capacity in
the modern manufacturing facility in Canada, all mounting will take place there
from February 1st 2008.
- By coordinating all production to Canada and move the distribution to
Cincinnati, we will do substantial savings within production as well as within
the logistics field, says Gerald Engström, CEO Systemair.
For more information, please contact:
Gerald Engström, President and CEO, telephone +46 222 440 01, +46 70 519 00 01
Glen Nilsson, CFO and IR Manager, telephone +46 222 440 03, +46 70 654 40 03
Systemair in brief
Systemair is a leading ventilation company with its main activities in Europe
and in North America. The company turned over 280 MEUR during the financial year
2006/2007 and has more than 1700 employees. Systemair has a well established
presence in growth markets, especially in Central and Eastern Europe including
Russia. The Group comprises of some 50 companies. The Group´s products are sold
under the brand names Systemair, Frico, VEAB and Fantech. Since the formation of
Systemair in 1974 the company has increased its sales every year, always
producing positive results. During the last ten years the company has achieved
an average annual growth of 16 percent. Systemair is listed on the OMX Nordic
Exchange since October 12, 2007
