Ursviken receives two orders for large press brakes

KMT Ursviken, part of the Sheet Metal Working business area of KMT, has received a further two orders on large press brakes amidst strong competition. The orders were placed in December of 2006, but at the request of the customers, they were not made public until the machine specifications were completed. The total value of these two orders amounts to SEK 55 million, which represents approximately a third of KMT Ursviken’s annual turnover.

A manufacturer of steel poles with manufacturing sites around the world, has placed an order consisting of a tandem press brake with a press power of a total of 4,400 tonnes and a press length of 17.4 metres. The machine is equipped for the manufacture of poles, and is destined for a production site in the US. Delivery is scheduled for the fourth quarter of 2007.

The second order has been placed by a German contract manufacturer. The order consists of a press brake with a press power of 2,000 tonnes and a press length of 12.2 metres. This particular customer has purchased a press brake from KMT Ursviken before. Delivery of this machine is scheduled for the third quarter of 2007.

Tomas Johansson, President of KMT Ursviken, said: ”I feel great pride and satisfaction that our business continues to attract customers with high demands on competence, technology and close cooperation. These latest orders are a further testimony to our competitive capabilities in the global marketplace”.

For more information, please contact:
Tomas Johansson, President, KMT Ursviken AB
Telephone: +46 910 516 00 or e-mail: tomas.johansson@kmtgroup.com

Lars Bergström, President and CEO, Karolin Machine Tool AB
Telephone: +46 8 594 211 50 or e-mail: lars.bergstrom@kmtgroup.com


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