|By Marketwired .||
|March 11, 2014 06:30 PM EDT||
BROOMFIELD, CO -- (Marketwired) -- 03/11/14 -- Positioning itself to meet current growth and future opportunities for business expansion, Trelleborg Sealing Solutions announces that it is relocating its lean manufacturing operations of engineered seal and bearing for advanced applications in aerospace, automotive, life sciences and offshore oil and gas industries to the prestigious Colorado Technology Center in Louisville, Colorado, U.S.
Having signed a 10-year lease agreement, the company's move to a larger facility will comprise nearly 76,000 square feet of the center's state-of-the-art industrial complex. Plans for its move of 125 employees and long-standing Broomfield manufacturing operations will begin in the second quarter and be fully operational by October 2014.
Tom Potosky, General Manager, Trelleborg Sealing Solutions, Broomfield says: "We are very excited about this expansion as it affords us the opportunity to continue to serve our current business effectively as well as positions us to better leverage new opportunities for continued growth of our sealing business. By having staff and manufacturing operations reside in one larger high-tech facility, we will not only be able to take advantage of advanced technology and equipment, but also gain a more streamlined and collaborative environment to support Trelleborg's focus on operational excellence."
Trelleborg Sealing Solutions is a business area of the Swedish-based group Trelleborg that is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. The aim of Trelleborg Sealing Solutions is to facilitate customers in achieving cost-effective, durable solutions that match their specific business requirements and needs. As one of the world's foremost experts in polymer sealing technology, it develops manufactures and supplies safety-critical polymer based precision seals, bearings and molded components.
In addition to the Trelleborg Sealing Solutions Broomfield manufacturing operations, the Trelleborg Sealing Solutions AeroHub Airframe office will also reside in the technology complex.
For press releases of the Trelleborg Group visit the Trelleborg Media Center. The section Products and Solutions allows you to select news by sector www.trelleborg.com/news
Company and profile of the Trelleborg group:
Trelleborg Sealing Solutions is one of the world's leading developers, manufacturers and suppliers of precision seals and bearings. It supports its aerospace, industrial and automotive customers through over 20 production facilities and more than 40 marketing companies globally. Within its portfolio are some of the longest established sealing brands, including Busak+Shamban, Chase Walton, Dowty, Forsheda, GNL, Palmer Chenard, Shamban, Skega and Stefa along with a large number of proprietary products and materials such as Turcon®, Zurcon®, Orkot®, Isolast®, Stepseal® and Wills Rings®. www.tss.trelleborg.com
Trelleborg is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. Its innovative engineered solutions accelerate performance for customers in a sustainable way. The Trelleborg Group has annual sales of about SEK 21 billion (EUR 2.5 billion, USD 3.3 billion) in over 40 countries. The Group comprises five business areas: Trelleborg Coated Systems, Trelleborg Industrial Solutions, Trelleborg Offshore & Construction, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. In addition, Trelleborg owns 50 percent of TrelleborgVibracoustic, a global leader within antivibration solutions for light and heavy vehicles, with annual sales of approximately SEK 15 billion (EUR 1.7 billion, USD 2.3 billion) in about 20 countries. The Trelleborg share has been listed on the Stock Exchange since 1964 and is listed on NASDAQ OMX Stockholm, Large Cap. www.trelleborg.com