Skip to main contentSkip to navigationSkip to search

Systemair streamlines production in North America

November 19, 2007, 14:00
Regulatory information
Systemair streamlines production in North AmericaSystemair's North American company Fantech streamlines production and logistics.Fantech has a production plant located in New Brunswick, Canada and a mountingplant in Florida. In order to get a better use of  the production capacity inthe modern manufacturing facility in Canada, all mounting will take place therefrom February 1st 2008.-	By coordinating all production to Canada and move the distribution toCincinnati, we will do substantial savings within production as well as withinthe logistics field, says Gerald Engström, CEO Systemair.For more information, please contact:Gerald Engström, President and CEO, telephone +46 222 440 01, +46 70 519 00 01 Glen Nilsson, CFO and IR Manager, telephone +46 222 440 03, +46 70 654 40 03Systemair in brief Systemair is a leading ventilation company with its main activities in Europeand in North America. The company turned over 280 MEUR during the financial year2006/2007 and has more than 1700 employees. Systemair has a well establishedpresence in growth markets, especially in Central and Eastern Europe includingRussia. The Group comprises of some 50 companies. The Group´s products are soldunder the brand names Systemair, Frico, VEAB and Fantech. Since the formation ofSystemair in 1974 the company has increased its sales every year, alwaysproducing positive results. During the last ten years the company has achievedan average annual growth of 16 percent. Systemair is listed on the OMX NordicExchange since October 12, 2007