KMT:s subsidiary Ursviken receives an important order in the US

Ursvikens Mekaniska Verkstads AB has received a substantial order for multiple machine delivery to the world´s largest manufacturer of construction equipment. The order value amounts to around SEK 15 million.

The order consists of the OptiFlex series machine with an array of ancillary equipment installed. This represents the second purchase made this year by the same customer. Ursviken, which is part of KMT:s product area Metal Working, develops, manufactures and markets advanced press brakes and systems for metal working in different dimensions. The product range is, in particular, designed to meet the demands of customers asking for highest precision and repeat accuracy as well as quick and efficient settings. The service market represents an important part of the business. Ursviken has about [70] employees and had a turnover of around SEK [120] million in 2004. 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