PRESS RELEASE - For immediate release
SHERBROOKE (QUEBEC, CANADA) October 26, 2018 – Tekna officially inaugurated the expansion of its second plant and its new manufacturing infrastructure, in Sherbrooke, on September 20, 2018.
This $5.5M investment has doubled the surface area of the company’s metallic powder production facilities to support the major growth of its activities. The additional space created will be used for the immediate and future deployment of new metal powder production units, the introduction of new research infrastructure, and the relocation of part of its administrative staff.
“This investment will enable us to follow and support the growth of our clients through our existing products and to launch new innovative products on the industrial market,” stated Rémy Pontone, Vice-President, Sales and Marketing.
According to Tekna’s CEO, Luc Dionne, “This expansion, which is part of our five-year growth plan, will increase our annual metal powder production capacity to over 1000 tonnes. Our world-class manufacturing infrastructure and our accreditations in terms of the strictest quality standards make Tekna a reliable partner that our clients can count on to ensure their current and future success.”
TEKNA is a subsidiary of Arendals Fossekompani ASA (AFK) with its headquarters located in Sherbrooke, Canada. The company operates manufacturing centres in Canada and France, as well as sales and distribution offices in China, India, and South Korea.
A leader in the advanced materials industry, TEKNA develops and produces high-purity metal powders for applications such as 3D printing and microelectronics, as well as optimized induction plasma systems for industrial research and production.
Building on more than 28 years of delivering excellence, TEKNA is a global player recognized for its quality products and its commitment to a multinational base of clients, who are leaders in their respective markets.
About Arendals Fossekompani
Arendals Fossekompani ASA (AFK.NO), was founded on January 30, 1896 and is headquartered in Arendal, Norway. AFK is a Norwegian industrial and financial corporation emanating from hydro power production. The company today owns the majority share in EFD Induction Group, NSSL Global Ltd, Cogen Energia, Scanmatic AS, Markedskraft AS, Wattsight AS and Powel ASA, as well as a portfolio of financial investments.
TEKNA Plasma Systems Inc.
819 820-2204 #237