Reed NewsReed News

Electronics manufacturer Note expands in Torsby amid global tensions

Economy & businessEconomy
Key Points
  • Note is moving to a new factory in Torsby that doubles its space.
  • The company expects to add 20 to 40 employees each year in the near future.
  • Note produces components for defense and harsh environments, with growth linked to global tensions.

The electronics manufacturer Note is moving into a new factory in Torsby, Sweden, doubling its space. The company, which makes components for the defense industry and products designed to withstand harsh environments like vibrations, temperature changes, and moisture, expects to grow by 20 to 40 employees annually in the coming years. The move follows a significant increase in business due to the unstable global situation, and the workforce has nearly doubled over the past five years, with further growth anticipated.

Transparency

How we verified this article

UnconfirmedBased on 1 sources
1 sources2 Involved