Concentric Consolidates European Hydraulic Production
Concentric AB has opened a new plant in Hof, Germany consolidating its European hydraulics manufacturing operations into a single site. The 9000 m² facility creates one center for Concentric's European hydraulics technology and manufacturing. It involves the closure of the older plants in Hof and Skånes Fagerhult, Sweden and the transfer of all production lines into the facility during 2013.
The Swedish plant has ceased production and deliveries of Concentric power packs from the new Hof plant are under way. Other production lines including the company's range of hydraulic pumps, motors and flow dividers will be transferred through 2013 and it is anticipated that the old Hof plant will close at the end of the year. This announcement completes the reorganization of the company's hydraulics business (formerly known as Haldex Hydraulics Division) which became part of Concentric AB when it was formed in June 2011, following the break-up of the Haldex Group.