LUND, SWEDEN – Note will build a new factory here to meet a projected increase in demand in coming years.

The company said the new plant will have more than 9,000 sq. m. of production space, and the forecasted expansion in business over the coming years should more than compensate for the increased operating costs for the new facility. Note plans for the new facility to be ready for operation in 2026.

"Going forward, Note sees continued increasing demand from its customers," said Note president and CEO Johannes Lind-Widestam. "Despite a weaker economy in 2024, we see that the forecasts from our customers are strong and to meet that demand we need to expand the factory in Lund."