Brief: Honkarakenne Invests In Development Of Karstula Factory

Honkarakenne Oyj

20/05/2019 07:07

May 20 (Reuters) - Honkarakenne Oyj  HONBS.HE :
    * REG-HONKARAKENNE INVESTS IN DEVELOPMENT OF THE KARSTULA FACTORY
    * WILL INVEST EUR 5.2 MILLION IN DEVELOPMENT OF KARSTULA FACTORY PRODUCTION LINE UPGRADES
    * IN TOTAL, COMPANY WILL INVEST EUR 7.3 MILLION BETWEEN YEARS 2018 - 2020 IN UPGRADES TO ITS
KARSTULA FACTORY.
    * NEW PRODUCTION LINE IS ESTIMATED TO BE IN EFFICIENT PRODUCTION USE IN SUMMER 2020
    * EFFECTS OF PROJECT ON PERSONNEL WILL BE DETERMINED IN DETAIL ONCE NEW PRODUCTION LINE IS
DEPLOYED.
    * AIMS TO ACHIEVE SUBSTANTIAL SAVINGS IN PRODUCTION PROCESS.

Source text for Eikon:  ID:nGNELnf4M 
Further company coverage:  HONBS.HE 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))