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SVAB to double production capacity

SVAB is facing a major expansion and will double its production capacity with a move to a newly built facility in 2024. The ground-breaking has now been done on-site and the new facility that is being built by Askersunds Industrifastigheter will be ready for SVAB in January 2024. The new facility is located in Åsbro (approximately 30km south of Örebro) and SVAB will move its entire operations there from its current location in Hallsberg.

SVAB, which develops, manufactures and sells joysticks and control systems primarily for excavators, will be well prepared for future growth following this expansion. “Our sales to OEM machine manufacturers around the world are increasing at a high rate, and at the same time as we need to expand our production capacity we also have to make room for our growing workforce. We currently have around 70 employees and see a great need for recruitment in the coming years,” said Fredrik Eriksson, SVAB CEO.

Sustainability in focus
There is a great focus in the industry on reducing emissions from production and use of construction equipment machines, and SVAB is working with a series of measures to minimise the environmental impact. During 2022, SVAB joined the SBTi (Science Based Targets Initiative) and the company has set climate targets that are in line with scientific models. The goal is that SVAB should be completely climate neutral by 2040.

"The development of more environmentally friendly excavators is progressing rapidly and here we are playing an important role with our innovative electric joysticks and control systems that contribute to making machines more efficient, while we at the same time are actively working to reduce the environmental impact of our own business," explained Eriksson.

The new facility is designed with sustainability in focus and is built according to the silver level requirements for environmental buildings. A new solar park will also be built to supply the new facility with its own electricity. Askersunds Industrifastigheter, which is a municipality-owned company, that will build the new facility for SVAB sees this as a long-term and sustainable investment for both parties.

"We are very proud to be able to build this facility for SVAB and we see it as a good development of the industrial area in Åsbro, where we want to continue to invest in future new establishments,” said Anders Gustafsson, Askersunds Industrifastigheter CEO.

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