Business Services Industry

Karolin Machine Tool AB secures orders for two large press brakes

Nordic Business Report, Feb 9, 2007

NORDIC BUSINESS REPORT-9 February 2007-Karolin Machine Tool AB secures orders for two large press brakes(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com

Swedish production machines developer and manufacturer Karolin Machine Tool AB (KMT Group) said on Friday (9 February) that its subsidiary KMT Ursviken has received two new orders for large press brakes.

The orders, valued at a total of approximately SEK55m, were placed by a US steel poles manufacturing plant and a German contract manufacturer.

KMT Group, headquartered in Stockholm, Sweden, develops and manufactures advanced production machines and system solutions for the engineering industry. KMT is listed on the Nordic Exchange in Stockholm.

One British pound (GBP) is worth approximately 13.38 Swedish kronor (SEK).

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COPYRIGHT 2007 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning

 

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