Seco Tools inaugurates new production unit


Seco Tools inaugurates new production unit

On 10 November Seco Tools will inaugurate its new production unit for pressing
and sintering of cemented carbide inserts in Fagersta. The new unit is directly
adjacent to the existing production facility and represents a total equipment
and property investment of approximately SEK 150 million over a period of two
years.
	
“The investment should be seen as further proof of Seco Tools' long-term
commitment to establishing a position at the absolute leading edge of technology
and quality in metal cutting machining. Although the global production structure
is gaining importance, closeness between production and development is critical
for operations with a value added content as high as ours. The Fagersta facility
will continue to function as a high-tech leading-edge unit.” says Kai Wärn,
President and CEO of Seco Tools.

At a brief inauguration ceremony to be held at 2:00, speakers will include CEO
Kai Wärn, Board Chairman Anders Ilstam and Västmanland County Governor Ingemar
Skogö.

Fagersta, 10 November 2009

SECO TOOLS AB (publ)



The information contained herein is subject to the disclosure requirements of
Seco Tools AB under the Swedish Securities Exchange and Clearing Operations Act
and/or the Financial Instruments Trading Act. This information was submitted for
publication on 10 November 2009, 07:30 a.m CET.

For additional information contact Kai Wärn, President and CEO, (Tel: +46
223-401 10) or 
Patrik Johnson, CFO, (+46 223-401 20. E-mail can be sent to
investor.relations@secotools.com

Previously published financial information can be found under “Investor
Relations & Corporate Governance” on the Seco Tools website (www.secotools.com).
Seco Tools AB's corporate registration number is 556071-1060 and the company's
address is Seco Tools AB, SE-737 82 Fagersta, Sweden. The telephone number to
the Group head office is +46 223-400 00.

Attachments

11102017.pdf