INCAP TO INCREASE ELECTRONICS PRODUCTION CAPACITY IN KURESSAARE, ESTONIA
Stock Exchange Release, 24 March 2004 12.15 p.m.
Incap Corporation has decided to increase the company’s production in Estonia, in line with its previous strategy. The production facilities of the Kuressaare manufacturing unit will be tripled from the present area during 2004. The unit’s production capacity will be increased through automatic surface mounting lines and testing equipment, among others. According to the plan, the expansion of facilities will be implemented on the basis of the present leasing agreement.
For further information, contact:
Juhani Hanninen, President and CEO, tel. +358 (0)50 556 7199
Tuula Ylimäki, Chief Financial Officer, tel. +358 (0)40 347 2025
Hannele Pöllä, Director, Communications and Investor Relations, tel. +358 (0)40 504 8296