NYAB signs turnkey contract for Duroc Rail AB's new industrial building at Luleå Industrial Park
NYAB will construct a new industrial building for Duroc Rail and LKAB. The industrial building will be utilized for Duroc Rail's operations in wheel maintenance for locomotives and wagons, aiming to enhance the efficiency and predictability of rail transports in northern Sweden. The order is a turnkey contract starting in March 2024 and expected to be finalised in 2025.
NYAB has previously conducted planning and land preparation work for the industrial premises. LKAB will own the industrial facility that is leased to Duroc Rail. The facility, in turn, is part of LKAB's initiative to meet the growing demand from industrial investments occurring in Norrbotten, which relies on transportation on the Iron Ore Railway. In the early phase of the project NYAB has, in collaboration with Duroc Rail, adapted the property to the tenant's needs and wishes regarding functionality. During the entire stage of the first phase, development has taken place in close collaboration.
"Fast-growing Luleå Industrial Park plays an important role in the growth and green transition in Norrbotten. It is gratifying that Duroc Rail and LKAB, after the initial work has been completed, chose us for the industrial premises. We know the area well and look forward to continuing the collaboration", says Mikael Ritola, Senior Vice President at NYAB.
Duroc Rail’s wheel maintenance operations are currently conducted on Svartön in Luleå and were established in the city more than 100 years ago. In November 2023, LKAB communicated that they would become a co-owner of Duroc Rail and intend to invest up to SEK 200 million to construct new industrial facilities at Luleå Industrial Park for the continued operations of Duroc Rail.