New production method increases capacity and lower costs
During the spring of 2018, FlexQube has been working together with Bendiro in the Swedish city of Falkenberg, to develop a roll forming tool for manufacturing of the single most important component of the FlexQube concept, the FlexBeam™. In the end of June, the new production line at Bendiro’s facilities was inaugurated and the first batch of products was produced.
The investment will pay off right away since the production costs will be significantly lower compared to the traditional production method for the FlexBeam™ that has been used so far. The new production method will also increase FlexQube’s production capacity and enable FlexQube to meet the increased demand for FlexQube’s products. The new facilities will initially produce components also for markets outside of Europe, but discussions about setting up a similar production facility in North America are ongoing.
FlexQube is a company that offers a unique and patented concept that is used to design and deliver robust, modular and flexible carts and racks. The company has manufacturing in Sweden and USA and distribution in North America and in Europe. On December 14, 2017, the company was listed on the Nasdaq First North in Sweden.
FlexQube has some of the world’s largest manufacturers within the automotive-, energy-, defense-and aerospace sector as well as within home appliances and construction machinery among their customers. Some examples are Volvo Cars, Autoliv, Brose, Scania, Whirlpool, Eberspächer and Oshkosh.