BE Group AB: BE Group Finland is Extending Its Capacity in Production Services

BE Group AB: BE Group Finland is Extending Its Capacity in Production Services

BE Group, the Nordic region’s leading independent trading and service company in steel and other metals, is investing SEK 14 M in increased production service capacity. The investment is being made at the company’s facility in Lahti, Finland.

“Once the investment has been fully implemented, we will have one of northern Europe’s most modern production service facilities for steel products,” says Roger Johansson, CEO of BE Group AB. “We are extending our capacity to thus become a better partner to our customers, offering shorter delivery times and even better quality.”

By further augmenting and modernizing its equipment, BE Group will be able to meet the Finnish market’s demands for increasingly advanced production services. The investment is scheduled to be completed by the end of the second quarter of 2011. The investment also represents a step in meeting increasing demand for the Set Package offering developed by BE Group Finland. This concept provides customers with all of the steel products they need for their production in a single delivery ready for immediate use in the customer’s manufacturing process.

In 2009, BE Group implemented another major investment at the Lahti facility with the construction of a new production unit that enhances production and warehousing through features including a new high bay storage unit.

“Our value-adding production service provides the opportunity to increase our service sales and improve our deliveries while also enabling us to strengthen our relations with the Group’s key customers,” says Matti Tiira, Business Area Manager for BE Group Finland.

BE Group AB (publ) discloses the information in this press release pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Trading Act. The information was released for publication on January 31, 2011 at 10:00 a.m. CET.

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