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Beskrivning
Land | Sverige |
---|---|
Lista | Mid Cap Stockholm |
Sektor | Informationsteknik |
Industri | Infrastruktur |
Hexatronic has decided to start manufacturing its industry leading fiber-optic cables in the US. This decision is accompanied by a commitment for investment in equipment, additional staff and training at Hexatronic’s Clinton, South Carolina facility. The new production lines are expected to be commissioned in the second quarter of 2026.
"This is an important signal to our US customers. We are setting up production to consolidate our position as a local producer more clearly. We expect this to further strengthen our position in Fiber Solutions for the US market," said Martin Åberg, Acting CEO of Hexatronic.
Hexatronic's air-blown fiber solutions allow customers to build robust, quality-assured fiber networks significantly faster and more cost-effectively than with legacy solutions, which are still common in the United States.
“We see an increasing interest in Hexatronic's solutions among the industry, due to the unique ability to enable customers to reduce cost without sacrificing capability. Production in the US has become increasingly important and something many customers are asking for. This is a strong demonstration of our commitment to this market," said Brian Riley, CEO of Hexatronic US.
This investment represents that last strategic move to for Hexatronic to be able to offer a full suite of US made ‘Build American – Buy American’ (BABA) certified products to customers. Production of fiber cables is planned to be housed in an existing Hexatronic facility in Clinton, South Carolina.
The US is Hexatronic's largest market, accounting for 37 percent of the Group's sales in 2024. In total, Hexatronic has six production facilities in the US, four of which are in the Fiber Solutions business area, one in Harsh Environment and one in Data Center. Nearly all products that Hexatronic sells on the US market are manufactured in the US.
For more information, please contact:
Pernilla Grennfelt, Head of Investor Relations, + 46 702 90 99 55
About Us
Hexatronic creates sustainable networks all over the world. We partner with customers on four continents – from telecom operators to network owners – and offer leading, high-quality fiber technology for every conceivable application. Hexatronic Group AB (publ.) was founded in Sweden in 1993 and the Group is listed on Nasdaq Stockholm. Our global brands include Viper, Stingray, Raptor, InOne, and Wistom®.