EuroFasteners July 2022

Corporate News

Lesjöfors Heavy Springs UK produces large diameter compression, torsion and tension springs

Lesjöfors Heavy Springs UK sharpens focus on rapidly growing market

with our heavy spring colleagues in Finland and Sweden, as a progressive and competitive global design, manufacturing and technological development network.” The Cornwall facilities deliver expertise in large diameter compression, torsion and tension springmanufacturing, specialising in industrial and automotive spring components, and sit alongside sister sites in Sweden and Finland as a global design, manufacturing and technological development network, coiling wire from 3 to 65mm in diameter. European Springs & Pressings will continue its manufacturing operations in Kent. Lesjöfors AB www.lesjoforsab.com

Ola Tengroth, CEO of Lesjöfors AB, commented, “As part of our global long term, future-focused growth strategy, the heavy springs sector has been identified as one of four key expansion areas, and the Cornwall sites’ evolution to a new Lesjöfors brand is a natural fit for the company’s future.” The new company and new name reflect a unified team under the Lesjöfors brand and the springs the group manufactures for customers across the automotive, rail, agriculture, oil, mining, construction and energy sectors around the world. Michael Gibbs, managing director of the newly formed Lesjöfors company, said, “We’re evolving for our customers; enhancing efficiencies, committing more investment and moving forward, together

A new company is being launched by Lesjöfors, rebranding its two former European Springs & Pressings factories in Cornwall, UK. The factories will now form a new company called Lesjöfors Heavy Springs UK. The rebrand is part of a new division, focusing on growth and significant investment in the heavy springs sector across the product range and industries served within the Lesjöfors heavy coiling sites in the UK, Finland and Sweden. The UK company achieved a record breaking order book over the last year: sales are up 35 per cent, and the workforce by 40 per cent; and it set a new annual turnover record of £15mn. During 2022, Lejöfors Heavy Springs will invest £1mn in new machinery.

Graphics bigstockphoto.com/Artist tereh

EF 3/39

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July 2022