KMT receives Nano Grinder order

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KMTs subsidiary Lidköping Machine Tools AB has received a Nano Grinder order from an Asian based bearing manufacturer.

“This is a major breakthrough for the Nano Grinder, entering one of our target markets,” says Johan Westberg, President of Lidköping Machine Tools AB. The Nano Grinder is a highly innovative concept for precision grinding that KMT launched during the autumn of 2005. The machine, which is only one fifth of the size of a traditional design, offers productivity improvements of up to 50 percent. The unique technology also represents a leap forward in precision, flexibility and reliability and expands the addressable market. For further information, please contact: Lars Bergström, CEO, Karolin Machine Tool AB Tel: +46 8 594 211 50 or via e-mail: lars.bergstrom@kmt.se Johan Westberg, President, Lidköping Machine Tools AB Tel: +46 510 880 00 or via e-mail: johan.westberg@lidkoping.com

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