Brief: Incap Estonia Invests In New Production Lines

Incap Oyj

01/06/2022 06:11

June 1 (Reuters) - Incap Oyj  ICP1V.HE :
    * SAID ON TUESDAY, INCAP ESTONIA INVESTS IN NEW PRODUCTION
LINES
    * INCAP ESTONIA IS UPGRADING ITS TWO CURRENT SMT PRODUCTION
LINES
AND ADDING A THIRD SMT LINE TO ITS FACTORY IN KURESSAARE
    * NEW INVESTMENT WILL INCREASE OVERALL SMT PRODUCTION
CAPACITY BY
MORE THAN 50% AND WILL BE OPENED IN Q3 2022
    * INCAP ESTONIA IS INVESTING EUR 1.35 MILLION IN A LONG-TERM
LEASE
AGREEMENT OF SIX YEARS BY RENTING NEW PRODUCTION EQUIPMENT FROM
SMT RENTING

Source text for Eikon:  ID:nGNE7ftrrT 
Further company coverage:  ICP1V.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))