Technology companies ABAX as and Norautron as have signed a three year manufacturing contract to the value of 200 million Norwegian kroner. The deal enables ABAX to move all production back to Norway.
“It has been a goal of ours for a long time to consolidate and automate production in one place. Advanced robot technology, high level skills within prototyping and product manufacturing as well as proximity to our headquarters in Larvik were contributing factors behind our choice of Norautron,” says managing director of ABAX as, Petter Quinsgaard.
The deal between the two companies from Larvik and Horten means that Norautron will start up production of hardware for ABAX from January 2017. The company will deliver both prototypes of new products for market, in addition to mainstream manufacturing services of the ABAX range of electronic log books and tracking products.
“We are particularly pleased to have won this significant contract. The manufacturing solutions we will set up for ABAX products will include a substantial element of automation. This will demand close cooperation with ABAX in the time to come and is completely in line with our strategic choice of automation and robotization for profitable manufacturing production in Norway,” says Øyvind Sedivy, managing director of Norautron.
The deal helps to secure existing jobs at Norautron as well as opening up new market areas for the company.
“This contract gives Norautron a presence within new market segments with the opportunities this brings,” says Bengt Sundberg, Key Account Manager at Norautron.
Norautron as is a leading manufacturer of electronics. The company has production facilities in Norway, Sweden, Poland and China and provides services within test development, prototyping, PCBA, electro-mechanics, advanced system building and integration. Norautron`s is headquartered in Horten. The company has 700 employees and in 2015 had revenues of 1 billion NOK.