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Mon, Feb

Ovako Investing 6 M€ in Modernizing Main Peeling Line

Bearing News

  Ovako is strengthening its position in the steel industry with a major

Ovako is strengthening its position in the steel industry with a major investment of over 6 million euros to modernize its main Bright Bar facility in Hällefors. The modernization, taking place 2024 – 2026, will improve production efficiency, improve quality, and secure the company’s long-term competitiveness.

                                                          Mikael Haraldsson & Tomas Andersson

Investing in the Future

In the summer of 2024, Ovako upgraded its operations with new cutting, chamfering, and milling equipment. The state-of-the-art machinery replaces older equipment and allows Ovako to handle all machining in-house, reducing unnecessary handling and transportation risks.

“These upgrades enable us to streamline operations and improve efficiency while delivering even higher quality for our customers,” says Filip Gran, Section Manager.

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