Husqvarna to invest SEK 1 billion in core technologies

Husqvarna Group has decided to invest in a new production facility for
manufacturing of chainsaw chains in Huskvarna, Sweden, where the Group already
manufactures professional chainsaws, brush cutters and trimmers. The Group will
also invest in expanded capacity for manufacturing of cylinders for two-stroke
engines for chainsaws in the Group’s facilities in Nashville, U.S and in
Huskvarna, Sweden.
“The investments confirm our long-term commitment to be a global leader of
handheld forestry products. Saw chains are critical for chainsaw performance.
They are also one of the largest aftermarket product categories. Through the
investment, we will leverage our technical expertise to develop, design and
manufacture chains, thus optimizing the full performance of the chainsaw. The
investment will also enable us to grow our offering in the replacement part
market. Several sites globally were evaluated before deciding on Huskvarna.
Critical needs were access to technical know-how, skilled labor and a strong
infrastructure,” says Hans Linnarson, President and CEO of Husqvarna Group.

In 2015, the new facility in Huskvarna will employ more than 100 people.

“The facilities in Nashville and Huskvarna manufacture handheld products, such
as trimmers and chainsaws. By further insourcing cylinder manufacturing, we
obtain better control of a core component for these products”, says Hans
Linnarson.

The investments will amount to around SEK 1bn during 2013 - 2015.
For additional information, please contact
Cathrine Stjärnekull, Corporate communications manager, at +46 8 738 90 80 or
press@husqvarnagroup.com
Tobias Norrby, Investor relations manager, at +46 8 738 93 35
The above information has been made public in accordance with the Securities
Market Act and/or the Financial Instruments Trading Act. The information was
published at 08.00 on February 13, 2013.
Husqvarna Group
The Husqvarna Group is the world’s largest producer of outdoor power products
including chainsaws, trimmers, lawn mowers and garden tractors. The Group is
also the European leader in consumer watering products and one of the world
leaders in cutting equipment and diamond tools for the construction and stone
industries. The product offering includes products for both consumers and
professional users. The Group’s products are sold via dealers and retailers in
more than 100 countries. Net sales in 2011 amounted to SEK 30 billion, and the
average number of employees was approximately 15,700.