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Lars Hellberg, president and CEO

Fortaco reshapes the way heavy equipment is produced

Leading global manufacturing subcontractor Fortaco Group is reshaping the way industries produce heavy equipment. Covering the whole value chain from design and prototyping to testing and life-cycle support, the company gives original equipment manufacturers an opportunity to consolidate their supplier base and focus more on their core businesses.

Supported by:Discovery Reports

Leading global manufacturing subcontractor Fortaco Group is reshaping the way industries produce heavy equipment. Covering the whole value chain from design and prototyping to testing and life-cycle support, the company gives original equipment manufacturers an opportunity to consolidate their supplier base and focus more on their core businesses. Fortaco is also among the first subcontractors to apply aerospace and automotive technology to the heavy equipment supply chain.

"We take the best skills, apply the lessons we've learned, and transform all that knowledge to address the needs of heavy equipment manufacturers," says Lars Hellberg, president and CEO. "We draw from this wealth of expertise to offer more than purely manufacturing."

With 11 production facilities in Finland and across Eastern Europe, Fortaco covers assembly, components fabrication and machining services for industries ranging from agriculture, forestry and mining, to construction, materials handling and energy. 

As a new business field, Fortaco will also assemble electric city buses based on a new lightweight chassis technology. Developed by Linkker, the state-of-the-art concept reduces vehicle weight by 3,000kg and offers up to 30 per cent lower life-cycle cost.

Based on excellent sourcing capabilities, competitive pricing and excellent quality, Fortaco has gained the trust of leading global manufacturers such as Sandvik, Volvo, Atlas Copco, Hiab, Komatsu, Kalmar, Rolls-Royce, Hitachi, Wartsila and General Electric. The Helsinki-based company played a significant role in the production of the world's largest reach stacker, the Super Gloria, by cargo handling solutions specialist Kalmar. Fortaco fabricated the boom, chassis and steering axle for the record-breaking machine. 

As Fortaco aims to quadruple net sales to Euro1 billion (HK$8.8 billion) by 2020, it is keen on expanding into Asia. Through organic and inorganic growth, the company wants to build long-term relationships with suppliers and clients in the region, especially in China. 

"We're eager to share our technology, quality systems and lean manufacturing processes with potential Chinese partners as we strive together to become the industry benchmark," Hellberg says.

 

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