Ulvila, Finland – Cimcorp Group has completed an 85,000-sq.-ft. expansion at its Ulvila headquarters that nearly doubles the facility's footprint and increases production by more than 100%.
Investment details were not disclosed, but a Cimcorp statement on 2 Sept noted that the company was planning to refurbish the previously existing building as well.
The project, which began in the summer of 2018, added about 61,400 square feet of factory space, and expanded research and development office space by about 23,700 square feet, according to the Cimcorp news release.
The R&D team will move into the new building, which includes meeting rooms and quiet areas for individual work.
In 2017, Cimcorp purchased land adjacent to the headquarters with the intention of expanding the facility for the growing company, which has seen its revenue more than double in the past four years.
"This investment marks an important step in the execution of our growth strategy," said Cimcorp CEO Masatoshi Wakabayashi.
The building expansion, he added, will provide the company with “the much-needed space” to expand its product lines and solutions.
Sales, Wakabayashi said, continue to grow for Cimcorp. This spring, he noted, the company received its largest order in the intralogistics market, worth about €120 million, from the Spanish grocery store chain Mercadona.
Part of Murata Machinery Ltd., Cimcorp is a supplier of turnkey automation for intralogistics, serving industries including tires, food and beverage, retail and E-commerce, among others.