Kongsberg Automotive’s Couplings business unit looks to future growth

Kongsberg Automotive’s Couplings business unit is expanding by 900 sq meters in Raufoss.

This expansion is part of the growth strategy—Couplings is looking to double its turnover in four years and quadruple by 2030.

Raufoss is the center for the research and development of compressed air couplings. Raufoss’ team develops products and processes both for production in Norway and in facilities around the world.

Kongsberg Automotive targets to use 100 percent renewable energy in all the company’s facilities by 2030. The Couplings site in Raufoss already meets that target. This gradual expansion in Raufoss has been an energy-efficient process—it means that the total consumption of electricity and water stays the same. This will have a direct impact and positive effect on the plant’s climate footprint. As a company, Kongsberg Automotive has also committed to producing emission-free products by 2039.

This expansion means safer working conditions for the plant workers, as well as more efficient logistics. Future growth will create new job opportunities in all areas, including engineering, sales, technical departments as well as plant operations.

“The Couplings business unit has experienced great success in the market and will continue to deliver growth above market rates. This expansion in our plant in Raufoss is just one of the important strategic decisions made to ensure that we are prepared for future growth and new markets,” says Linda Nyquist-Evenrud, Senior Vice President of Couplings.

Media contact                                                                                                     
Therese Sjoborg Skurdal                                                                                   
therese.skurdal@ka-group.com                                                                                        

Investors/analyst contact     
Jakob Bronebakk
jakob.bronebakk@ka-group.com            

     

About Kongsberg Automotive ASA
Kongsberg Automotive provides world-class products to the global vehicle industry. Our products enhance the driving experience, making it safer, more comfortable, and sustainable. With approximately 11,000 employees in 19 countries, Kongsberg Automotive is truly a global supplier. The company has more than 27 production facilities worldwide. The product portfolio includes seat comfort systems, driver and motion control systems, fluid assemblies, and industrial driver interface products developed for global vehicle manufacturers. Find more information at www.kongsbergautomotive.com.

Go to Source