The global site of the UK's leading magazine for automation, motion engineering and power transmission
29 March, 2024

LinkedIn
Twitter
Twitter link

Vacon to double its manufacturing plant

01 October, 2000

Finnish frequency converter manufacturer Vacon is building a 4,000m² factory alongside its existing plant in Vaasa, Finland, doubling its manufacturing area. The new building, due to be completed next autumn, will also include 1,500m² of offices.

Vacon says the expansion is needed to continue its growth and to secure its position in the global market. The company, established in 1993, has boosted its sales 15-fold in the past five years. Last year, Vacon`s income was around £26.4m, with 80% of this coming from exports. In the first half of this year, its sales were 50% up on the same period in 1999.




Magazine
  • To view a digital copy of the latest issue of Drives & Controls, click here.

    To visit the digital library of past issues, click here

    To subscribe to the magazine, click here

     

Poll

"Do you think that robots create or destroy jobs?"

Newsletter
Newsletter

Events

Most Read Articles