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HANZA has signed a manufacturing agreement with Mitsubishi Logisnext Europe ("MLE"), a leading provider of logistics solutions with self-designed innovative, high-quality forklifts. The agreement expands the existing cooperation between the parties substantially and will add an estimated order value exceeding SEK 100 million per year.
HANZA currently manufactures a number of modules for MLE’s factory in Järvenpää, Finland. The parties have agreed on an additional manufacturing solution whereby cooperation is extended to include further sourcing, manufacturing, and assembly operations.
"We are proud that MLE has chosen our manufacturing solution, which significantly expands our cooperation.", says Erik Stenfors, CEO of HANZA.
"MLE has a long and good cooperation with HANZA and is happy to deepen it further under this agreement ", says Simo Kangastupa, Sourcing Director, of MLE Oy.
The new agreement will be implemented in steps and is expected to be fully implemented within one year. At full volume, the new order value is expected to exceed 100 MSEK per year. The agreement will be executed by HANZA's Cluster Baltics.
Click here to know more about Hanza.
Click here to know more about Mitsubishi Logisnext Europe.
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