Friday, 09 June 2023 14:55

Vaderstad expansion aims for growth

Written by  Mark Daniel
The company’s new factory in the Swedish town of Vaderstad is expected to open in 2024. The company’s new factory in the Swedish town of Vaderstad is expected to open in 2024.

While there have been good results for the global machinery manufacturers during the Covid period, there are some signs of a slowdown.

The reasons cited include raw materials and component supplies, rising production costs and long lead times.

Reassuringly, many manufacturers seem to see a positive future, either by acquisition, or expansion of their existing facilities. Many are investing huge sums to increase production capability and efficiency by incorporating the latest technologies.

One such company to do so is Vaderstad which has recently acquired the inter-row interests of Thyregod to enter the mechanical weeding sector. The company has now embarked on a factory expansion of 12,600 square meters (2.9acres) in the Swedish town of Vaderstad.

This increase in production capacity is said to meet the aims of increasing production to 10,000 machines annually by 2028. The decision to invest is no doubt driven by increased demands for its products in recent years that has seen turnover increase from €237m in 2017 to €550m in 2022.

This new investment, on the tail of investments in new buildings during 2021 which amounted to €11 million, is due to be ready for use by 2024 and will be complemented by the expansion of the current production area.

The expansion will see two 6300 square metre halls added and connected to the existing factory, creating a total production area of approximately 70,000m² (16 acres). The extra space will create room for manufacturing and painting, alongside a more efficient flow through the factory for current and future ranges of machinery.

The Swedish Vaderstad facility currently produces machines for all global sales regions. This is except for North America, where production facilities are located at Langbank in Canada, and Wahpeton, US.

Väderstad’s tillage and seeding products are imported and distributed by the Palmerston North head-quartered Norwood Group.

www.norwood.co.nz

More like this

Tractor, harvester IT comes of age

Over the last halfdecade, digital technology has appeared to be the “must-have” for tractor and machinery companies, who believe that bringing IT to tractors and farming will offer its customers huge benefits.

Spot fertiliser applicator keeps costs in check

The Kverneland Pudama principle delivers spot placement of fertiliser in maize, rather than continuous fertiliser placement. As a result, it has the capability to deliver a 25% saving on starter fertiliser, with no noticeable loss of yield.

Agco invests in Finnish engine plant

While Nokia is more likely recognised for mobile devices, a major investment of €70m (NZ$126m) by global farm machinery brand AGCO at its facility in Linnavuori, in Nokia, will see the plant establish a new laboratory for testing combustion engines running on alternative fuels, alongside a range of electric solutions, including hybrids, fuel cells and high-voltage battery technology.

Factory clocks up 60 years

There can't be many heavy metal fans who haven’t heard of Basildon, situated about 40km east of London and originally created in 1948 to deal with the population boom after the Second World War.

Featured

National

NZ-EU FTA enters into force

Trade Minister Todd McClay says Kiwi exporters will be $100 million better off today as the NZ-EU Free Trade Agreement…

Machinery & Products

Factory clocks up 60 years

There can't be many heavy metal fans who haven’t heard of Basildon, situated about 40km east of London and originally…

PM opens new Power Farming facility

Morrinsville based Power Farming Group has launched a flagship New Zealand facility in partnership with global construction manufacturer JCB Construction.

» Latest Print Issues Online

The Hound

Cut with care

OPINION: The new government has clearly signalled big cuts across the public service.

Bubble burst!

OPINION: Your canine crusader is not surprised by the recent news that New Zealand plant-based ‘fake meat’ business is in…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter