EuroWire January 2024

Corporate News

New tension springs centre in Poland Since 2016, Alcomex has been growing its share in tension springs for residential doors. In preparing a sales forecast, the board of Alcomex Springs Group determined that sales of tension springs are expected to quadruple in the coming years.

Following completion of this conversion work, additional tasks such as the installation of the piping air system and the transfer of two air compressors from Hall D began. In addition to the expansion in Poland, Alcomex has initiated closer cooperation with colleagues from the Czech Republic, as some production will be transferred from there. A training session took place in Brno, where employees familiarised themselves with the production process for tension springs, which will be transferred to the new centre. Production equipment was moved to the new centre, followed by the transfer of additional machines and tooling equipment from the Czech Republic. The new tension springs centre in Poland enables Alcomex to deliver products to customers all over Europe.

The new Alcomex facility in Poland

Based on this projection, the decision was made to split the company’s production of door springs into separate units for torsion and tension springs. To accommodate this growth, a new location was invested in to enable the production and assembly of tension springs. A lease agreement was signed for a 5,320m 2 warehouse and office space in a building with a total area of approximately 38,500m 2 . The building, known as ‘Hall B’, is located in Marki, Poland, just 500m away from the company’s current location.

the warehouse area into a primarily production area for tension springs. The conversion work included extension of the main electrical switchboard to meet the energy requirements; installation of suitable lighting in the production area; installation of 14 skylights with ventilation function, a weather control unit and a sprinkler system; and construction of new forklift charging stations equipped with gas detection and sprinkler system. Radiant heaters were installed to create a comfortable working environment, and existing office rooms were converted into changing rooms and social areas.

Alcomex Springs Group www.alcomexsprings.com

In February 2023, work began to convert

Participating in regional renewable energy support initiative

(watt-peak), covering an area of 4,500m 2 , to maximise solar energy utilisation. Marposs will consume 86 per cent of the electricity produced, improving the company’s energy independence. Marposs SpA www.marposs.com

An initiative promoted by Italy’s Emilia Romagna region and co-funded by the EU aims to support businesses’ efforts to reduce their environmental impact and contribute to the advancement of renewable energy in the area. The installation will use 1,720 bifacial photo- voltaic panels, each offering 928,8 Wp

Work has begun to install photovoltaic panels at the headquarters of Marposs SpA, demonstrating the company’s commitment to sustainability and environmental innovation, and reflecting the company’s values in pursuing cleaner and more sustainable energy solutions.

Bulten establishes operation in India through joint venture company

Private Ltd, and therefore involves only limited investment costs for Bulten. Bulten has a 51 per cent holding in the newly formed joint venture company. ZJK has previously been a partner to Bulten for the manufacture of micro screws in China, and Radium is a newly formed company owned by people experienced in India’s fastener industry. Bulten also operates in India through the newly acquired distribution company Exim Mfr & Enterprise. Bulten AB www.bulten.com

Anders Nyström, president and CEO of Bulten. “India is a growing market for this segment, as many international manufacturers of electronics are locating more and more of their Asian production in India. This is the driver behind our new operation in India, and we plan to begin production during the first half of [2024].” The operation will be based at a new production plant currently being constructed in Jamnagar, in the western Indian state of Gujarat. The aim is to be fully up and running during the second quarter of 2024. The building will be leased by Bulten Radium Industries

Identifying for domestically produced micro screws among international customers in the electronics sector with production in India, Bulten is setting up manufacturing operations in India through a newly formed joint venture company. Bulten Radium Industries Private Ltd has been established alongside two partners: Radium Fasteners Private Ltd and ZJK Precision Parts HK (ZJK). “Our ambition is to increase sales, primarily of micro screws, to companies in the electronics industry,” said increased need

Graphics bigstockphoto.com/Artist tereh

EF 3/61

www.read-eurofasteners.com

January 2024