[Sandviken, Sweden, November 3, 2026.] Swedish premium fastener manufacturer BUMAX is investing in a new purpose-built production facility in Sandviken, Sweden, in a move to strengthen manufacturing capabilities and support future growth.
The new 9,700 sqm (104,400 sqft) factory in Sandviken will replace the current BUMAX factory in nearby Åshammar, where the company has manufactured high-performance stainless steel fasteners since the 1950s. The investment will provide state-of-the-art infrastructure, improved production efficiency and enhanced capacity to support future growth.
“The new production facility will provide us with many advantages – from optimising our production and reducing production lead times, to operating more energy efficiently and helping us to further reduce our carbon footprint,” said Martin Dahlgren, CEO at BUMAX AB.
Vastly upsized laboratory
The facility will also enhance the company’s research, development and testing capabilities with a laboratory roughly double the size of its current one. Its location close to Sandviken and major transport routes will also improve logistics and access to industrial expertise.
From a customer perspective, the high-quality and high-performance nature of BUMAX products will remain unchanged. But the new facility will strengthen the company’s ability to further develop its manufacturing capabilities, and even better support customers with technically demanding applications.
Production is expected to continue with minimal disruption during the transition period. The move planned for Q3 2027, will occur during the company’s annual and slightly extended summer shutdown, after which the production team will return to work at the new premises.
Sweden’s ‘steel belt’
Sandviken is the heart of central Sweden’s historic steel belt and home to several global steel making companies such as Sandvik and Alleima. BUMAX tracks its own manufacturing history back to the 1660s in this very region and has now for exactly 100 years been a specialist stainless steel fastener manufacturer.
“We specialise in stainless steel fastener products that outperform what is typically available on the market. Thriving on innovation and quality, we fully intend to continue expanding our global footprint. We anticipate considerable growth in especially our newer high-tech industry sectors and key geographical regions,” concluded Mr. Dahlgren.
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For additional information please contact:
Nimeka de Silva
Head of Marketing at BUMAX
Tel: +44 (0) 7904 980037 | +44 (0) 1527 593780
Email: [email protected]
About BUMAX:
BUMAX is the world-leading specialist manufacturer of premium stainless steel fasteners in a variety of steel grades that provide optimal safety and reliability in the most demanding customer applications. Customers include CERN, ABB, Alfa Laval, Alstom, Vestas, Rolls Royce and many more in industries such as marine, offshore, oil and gas, space, semiconductor, nuclear, defense, construction and general engineering. BUMAX AB is headquartered in Åshammar, in Sweden’s steel district and has a global footprint with offices or distributors in more than 30 countries on four continents. BUMAX is fully owned by the listed Swedish BUFAB Group. Find out more at https://www.bumax-fasteners.com/.