News & Insights
New Factory Expansion at Moventas Officially Opened
28th May 2018
On May 24, 2018, Moventas’ new factory expansion in Ikola, Finland, was officially opened by Arto Lahtela (CEO of Moventas), Jim McColl (CEO and Founder of Clyde Blowers Capital) and Mr Timo Koivisto (Mayor of Jyvaskyla).
Wind gearbox expert, Moventas, will now have one of Europe’s most powerful wind turbine assembly environments at their Ikola factory in Jyväskylä, Finland.
Given the unprecedented success of Exceed technology, Moventas have established themselves as the gearbox partner of choice for both existing and new customers within their next generation wind turbine platform. This capacity expansion is supported by a significant forecast ramp up in production requirements.
The corner stone of the expansion is the increased assembly and testing capacity for new and higher rated products. The expansion’s capacity is 3,850 m2 and includes a new state of the art 7.5MW testing facility. The overall investment is €17 million and has been completed in co-operation with municipally owned real estate company, Jykes Kiinteistöt Oy.
As Moventas continues to innovate and be recognised as a technology leader, this new capacity allows the company to best meet the developing technical, industry and customer demands of the future.
With the investment Moventas enforces its commitment to the region, increasing their workforce by approximately 100 employees, and the efficient international supplier network that has been built around the facility in the past years.
Jim McColl, CEO and Founder of CBC, commented:
“Since buying Moventas in 2011, we have been highly focussed on investing in their industry leading R&D capability. The Exceed gearbox design was launched in 2014 with best in class technology and this has led to a significant increase in demand for our gearboxes. The success of the Exceed technology has driven the need for us to expand our assembly capacity and substantially increase our testing capabilities.
These new facilities produce a step change in the company’s capabilities and represent a significant milestone for the business.”
Moventas’ technology strives to lower the cost of energy across the lifecycle of renewable energy generation, from superior gearbox design and manufacture to extensive after sales service for leading gearbox brands.
Find out more at www.moventas.com