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ROXTEC

New record year for Roxtec

Roxtec is continuing on its growth journey in 2024. Never before
has the company sold more or made such sizeable deliveries, and

the pace of its investment is not slowing down. Following the
investment in a global distribution center, a new production facility

in Karlskrona in southern Sweden is next in line.

Growth for 2024 was almost 20 percent, and sales reached Boosted by the persistent high demand, Roxtec decided at the end
SEK 3.6 billion. Roxtec has never sold or made deliveries on of 2024 to expand production in Blekinge as well. Construction will
a larger scale before. This growth contributed to a certain begin in 2025 on a new 6,000-square meter facility that will house
amount of strain in the supply chain, with Roxtec and suppliers brand-new machine lines, with the company expecting to significantly
working intensely to ensure raw materials, inputs and products were increase the number of jobs in production in the coming years.
available on time.
Roxtec also acquired a waterjet cutting business in Ronneby last
“The strong demand in 2024 has actually been a bit of a surprise,” year. Waterjet cutting is a key production technology for Roxtec and
says Magnus Holmberg, CEO of Roxtec. “We budgeted for growth, but the acquisition has been successful, with several new employees
not to this extent. We’re growing in all market segments and in all brought on board in 2024.
geographical regions.”
“All our employees are highly committed,” says Magnus Holmberg.
STRONG GROWTH AND EXPANSION CONTINUING “At the same time, we’re good at putting pressure on ourselves so we
GLOBALLY can achieve new goals. This is part of our culture, and it’s clearly an
Roxtec has three business areas: Marine & Offshore, Power & Process important factor in Roxtec’s success.”
Industries and Industry & Infrastructure, and its products are
available in 80 countries via its own subsidiaries and distributors. We’re creating a new market,
developing new products and
“We were once again surprised this year by the strong performance identifying new areas of application
of the marine sector,” says Magnus Holmberg. “We tend to assume
that the market is saturated and are always surprised by the for our sealing solutions.
continued demand. What’s growing the most right now is the data
center market, and we’re seeing a significant increase in sales in this
area for 2024.”

2024 got off to a rather cautious start in the United States.
Things eventually gained momentum and the company delivered
impressive earnings for the full year. Roxtec is now gearing up for
further expansion through additional land purchases next to its
headquarters in Tulsa, Oklahoma in the US.

Roxtec is continuing to enter new markets. In 2024 it set up a
new company in Canada and one in Greece. There is great growth
potential in both these countries, and a local presence is important.

We’re growing in all
market segments and in
all geographical regions

STRATEGIC INVESTMENT IN SWEDEN MAGNUS HOLMBERG,
In the fall of 2025, Roxtec’s new global distribution center will be CEO
completed in Karlskrona. This is a strategic investment to ensure
that Roxtec will continue to be able to meet future demand and
strengthen its position in the market.

“Roxtec now has over 1,000 employees,” says Magnus Holmberg.
“We’re creating a new market, developing new products and
identifying new areas of application for our sealing solutions. This is
labor intensive and requires a lot of resources in different areas.”

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