WCA January 2024

Industry News

A year in review, and a look ahead Lämneå Bruk has looked back on the successes and milestones of 2023. The year was characterised

In be participating in more trade shows, com- mencing with wire Düsseldorf in April, followed by Wire Expo in May and wire China in September, and concluding the year with wire India in November. Lämneå Bruk AB www.lamnea.se 2024, the company will

by interactions and meaningful engage- ments at various trade shows. Face to-face encounters with partners and industry peers allowed for inspiring conversations, fostering connections that go beyond business transactions. Lämneå Bruk says that these personal interactions are pivotal to its business, driving mutual growth and success.

Responding its machines, the company embarked on a strategic expansion, with investments funnelled into enhancing operational infrastructure, and developing facilities to meet evolving customer needs. The company says that this expansion not only underscores its commitment to excellence but also signals a dedication to meeting the increasing demands of the market. A newly constructed office building provides additional space for the growing workforce, facilitating internal team-building workshops for middle level leaders, first aid training and company meetings. The company further invested in integrating automated machinery and equipment to become more efficient in its own production processes. This technological investment is set to augment operational capabilities. to demand for

Construction of Lämneå Bruk’s office building

Gold award for sustainable practices Lubricant producer Metalube™ has achieved Gold Status from EcoVadis, a third-party sustainability-rating gold rating is a result of the efforts of its employees and management, who collectively embarked on an ambitious sustainability project.

panels on buildings and the planting of thousands of trees. Brown emphasised the role of sustainability at Metalube: “Sustainability is key to Metalube. We are actively auditing every unit of the business to improve sustainable working practices.” Metalube Group www.metalube.co.uk Managing director Robert

organisation. This designation places Metalube among the top 5 per cent of companies committed to sustainable practices. EcoVadis evaluates companies based on four criteria: environmental impact, labour and human rights, ethics, and sustainable procurement. Metalube’s

As a carbon-neutral company, Metalube continues to invest in sustainability projects, with a daily focus on enhancing its environmental friendliness. Initiatives range from developing eco-friendly lubricant solutions for industry applications to the installation of solar

ASMAG acquires Reika The family-owned company ASMAG, located in Scharnstein, Austria, is taking over Reika, a German manufacturer of turnkey tube processing systems. The acquisition represents a significant step in ASMAG’s expansion strategy. By integrating Reika’s products into the ASMAG Group’s existing portfolio, a broader range can be offered to shared customers. This will contribute to consolidating the market position, and aligns with the “everything from a single source” strategy. Johann Vielhaber, founder and owner of the ASMAG Group, commented, “The acquisition of Reika is a significant achievement for ASMAG. We value the know-how that the company brings with its over 100 years of existence and are

convinced that this will further strengthen our position as a leading company in the industry.”

The head- quartered in Austria’s Almtal valley, is primarily engaged in mechanical and plant engineer- ing for the metal industry, with locations in Austria, Germany, Italy and the USA. ASMAG Group,

ASMAG GmbH www.asmag.at

Johann Vielhaber

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January 2024