Vacon party for Vaasa expansion

14 May 2008

Finland based AC drives manufacturer, Vacon, is celebrating the completion of expansion at its Vaasa factory. The 9,000 square metre growth is coupled with investment in production and a recruitment drive in Finland.

‘We are expanding our Vaasa factory as the demand for AC drives is growing globally and because we want to invest in production also in Finland,’ Jari Koskinen, vice president, said.

He announced plans to remain ‘one of the most significant’ employers in the Vaasa region.

Recruitment of personnel to be employed in production assembly at the factory and other open positions also featured in his speech.

The topping-out party took place in the expanded Producta I premises at the Vaasa Airport Park. In addition to Vacon's personnel, present at the party were construction workers and designers as well as other co-operation partners.

The construction work of a total of 9,000-square-metre expansion at Vacon's Vaasa factory was started last year and is to be completed in the autumn of 2008. Also office premises will be expanded by some 5,000 square metres, and the construction work is planned to start at the beginning of 2009.

Vacon said it had enjoyed growth in the AC drives market because of rising energy prices, increasing automation, and falling electronics prices. Particularly the high energy price encourages investments in AC drives, which offer energy savings.

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