English Swedish
Published: 2024-05-13 10:30:00 CEST
Trelleborg AB
Investor News
Trelleborg establishes production in Morocco of sealing solutions for the aerospace industry

Trelleborg has decided to invest in a new production facility in Morocco, focusing on sealing solutions for the aerospace industry. The new facility will establish a local presence for several customers in the country while increasing capacity to meet the industry's strong global growth.

"Casablanca in Morocco has developed into a hub for aerospace companies. Today, no company in the country focuses on polymer seals for this industry. Our new facility will be an important step in supplying our customers locally and increasing our global capacity for an industry expected to continue to grow strongly for many years," says Peter Nilsson, President and CEO of Trelleborg.

The production facility will be established in the Midparc Industrial Freezone, next to the Mohammed V International Airport in Casablanca. The state-of-the-art facility will get a substantial part of its energy supply from solar panels on its roof. The facility will initially have a surface area of more than 5,000 square meters and will be adapted to meet the stringent requirements of suppliers in the aviation industry.

Trelleborg will partner with the Moroccan Aerospace Training Center, IMA, to tailor education for prospective employees. The facility is planned to be operational by the end of 2025, and Trelleborg will initially invest more than SEK 100 million over two years.

Trelleborg already has a facility for the production of automotive boots in Morocco.

Contacts
Media: Vice President Communications Tobias Rydergren, +46 (0)410 67015, +46 (0)733 747015, tobias.rydergren@trelleborg.com
Investors/analysts: Vice President IR Christofer Sjögren, +46 (0)410 67068, +46 (0)708 665140, christofer.sjogren@trelleborg.com

About Us
Trelleborg is a world leader in engineered polymer solutions that protect critical applications in demanding environments. Its innovative solutions accelerate performance for customers in a sustainable way. In 2023, The Trelleborg Group had annual sales of approximately SEK 34 billion in around 40 countries. The Group comprises three business areas: Trelleborg Industrial Solutions, Trelleborg Sealing Solutions and Trelleborg Medical Solutions. The Trelleborg share has been listed on the Stock Exchange since 1964 and is listed on Nasdaq Stockholm, Large Cap. www.trelleborg.com

Attachments:
Trelleborg establishes production in Morocco of sealing solutions for the aerospace industry.pdf

This news release was distributed by Company News System, www.nasdaqomxnordic.com/news/marketnotices
To subscribe on regulatory news from this company, go to the subscription page

Attachments

  • Original Link
  • Permalink

Disclaimer

Trelleborg AB published this content on 13 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 May 2024 08:31:06 UTC.