1. ALLA AKTIER
  2. NYHETER
  3. HEXATRONIC

Hexatronic

Nyheter Hexatronic Nyheter alla bolag

Hexatronic’s duct and pipe factory in Ogden to open

Today, production begins at Hexatronic's new US facility in Ogden, Utah. The production facility will manufacture HDPE pipes for telecom and power cables and primarily serve customers in the western United States.

“By setting up in Ogden, we are strengthening our presence in the US infrastructure market. Ogden complements our other factories well by opening the western US market, which we have previously been unable to supply with duct and pipe products due to high transportation costs," said Henrik Larsson Lyon, CEO of Hexatronic Group.

Through its subsidiary Blue Diamond Industries, Hexatronic has duct and pipe production facilities in Middlesboro, KY, Aubrey, TX, and Clinton, SC. The Ogden, UT facility will be the company's fourth duct and pipe production facility in the United States. Production in Ogden is starting on a small scale and is planned to expand in line with demand.

The total investment in Ogden amounts to approximately USD 30 million for production equipment and infrastructure. The investment decision was announced on March 22, 2023.

For more information, please contact:
Pernilla Grennfelt, Head of Investor Relations, + 46 702 90 99 55

About Us
Hexatronic creates sustainable networks all over the world. We partner with customers on four continents – from telecom operators to network owners – and offer leading, high-quality fiber technology for every conceivable application. Hexatronic Group (publ.) was founded in Sweden in 1993 and the Group is listed on Nasdaq Stockholm. Our global brands include Viper, Stingray, Raptor, InOne, and Wistom®.

Attachments
Hexatronic’s duct and pipe factory in Ogden to open

Datum 2024-10-15, kl 15:00
Källa MFN
Bifogade filer
Hexatronic’s duct and pipe factory in Ogden to open
Affiliate
100% cashback på aktiecourtage! Handla aktier på eToro och få tillbaka 100% av ditt courtage i 3 månader. Hur? Registrera dig här nu direkt för att ta del av erbjudandet.
Cashback är begränsad till högst $100. Värdet på dina investeringar kan gå upp eller ner. Du riskerar ditt kapital.