Sweden-based BE Group, a trading and service company for steel and other metals in Europe, has announced that it is investing SEK 14 million ($2.16 million) in increased production service capacity at the company's facility in Lahti, Finland.
By further augmenting and modernizing its equipment, BE Group will be able to meet the Finnish market's demands for increasingly advanced production services, the company said. The investment is scheduled to be completed by the end of the second quarter of 2011.
In 2009, BE Group implemented another major investment at the Lahti facility with the construction of a new production unit that enhances production and warehousing through features including a new high bay storage unit.
"Once the investment has been fully implemented, we will have one of northern Europe's most modern production service facilities for steel products," says Roger Johansson, the CEO of BE Group AB. "We are extending our capacity to thus become a better partner to our customers, offering shorter delivery times and even better quality," he added.