Investor relations US | EN EU | EN MX | ES DE | DE FlexQube CartsClose menu All Industrial CartseQart®Pallet & Container CartsShelf CartsKit Carts & Specialized SolutionsFlow CartsHanging CartsMother-Daughter CartsLiftRunner Tugger TrainPartsView all categoriesAutomationCase studiesNewsContact Type a word to search Search for carts, news posts and more. Suggestions Tugger cart eQart Find a sales person How do I order? 0 Menu CartsClose menu All Industrial CartseQart®Pallet & Container CartsShelf CartsKit Carts & Specialized SolutionsFlow CartsHanging CartsMother-Daughter CartsLiftRunner Tugger TrainPartsView all categoriesAutomationCase studiesNewsContact Become a FlexQube DisitributorCustomer careCustom DesignInvestor RelationsIndustries About FlexQubeCareerMaterial Handling DictionaryFlexQube ShopAftermarket Sales & Service LinkedIn YouTube Facebook Instagram Twitter Investor relations US | EN EU | EN MX | ES DE | DE 21 September 2019 FlexQube insources distribution and assembly for Europe Anders Fogelberg CEO News FlexQube has decided to bring home the assembly and distribution from the current subcontractors in Sweden. The relocation took place during the first weeks of September and operations in the new premises in Västra Frölunda are now in operation. The first deliveries under their control are scheduled for September 20, 2019. The head office, which is currently located in central Gothenburg, will also move into the premises at the end of 2019. Up until now, distribution and assembly had been via contract suppliers in Värmland and Småland. Due to the strong growth in recent years, FlexQube also had a smaller short-term leased storage space in Arvika. The development of automation solutions in project 4.0, where eQart® is the first product launch, has also taken place in premises in Mölndal, just south of Gothenburg. This means that FlexQube’s operations in Sweden are consolidated from four locations to one. The move is expected to improve the gross margin for European operations by approximately five percentage points. Costs for relocation and start-up are estimated to amount to approximately SEK 0.5 million and are charged to earnings in the third and fourth quarters. “We have outgrown our office space in central Gothenburg, and at the same time, the business has changed focus as the development of our automated solutions has become more compelling. All in all, this means that the benefits of co-locating the head office with development, distribution, and assembly are great. We see there is potential to increase efficiency by insourcing assembly and distribution, partly by lowering the costs of assembly and distribution. But also by further improving our quality as product development and our customer designers get closer to the products ”, comments Anders Fogelberg, CEO FlexQube AB (publ). About FlexQube FlexQube offers a unique and patented concept for the design and manufacture of robust, modular, and flexible carts and racks. The company has production in Sweden and the US with associated distribution in Europe and North America, including Mexico. On December 14, 2017, the company was listed on Nasdaq First North in Sweden. FlexQube has some of the world’s largest manufacturers of automotive, energy, defense, aviation, appliances and construction machinery among its customers. Some examples are Volvo Cars, Autoliv, Scania, Whirlpool, Eberspächer, and Oshkosh. For more information, contact the CEO, Anders Fogelberg anders.fogelberg@flexqube.com +46 702 86 06 74 The share (FLEXQ) is traded on Nasdaq First North. FNCA Sweden AB, telephone +46 8-528 00 399, is the Company’s Certified Adviser. Read more at test.flexqube.com. Want to stay up to date? Subscribe to our newsletter Email Required field Name Required field Subscribe Validation error Message could not be sent Message sent Top Sellers Product Q-100-1157 Tube Cart - 1960 x 910 mm Read more Product Q-100-1224 Tugger Cart - 1260 x 1190 mm Read more Up next News 20 September 2019 FlexQube brings the eQart to IMHX in Birmingham! IMHX, 24th - 27th September, Birmingham, UK FlexQube Booth #19K28 FlexQube will be exhibiting for the first time in the UK next week at IMHX. News 23 September 2019 How Material Handling Carts Can Make Your Production Easier Have you ever taken a moment to think about the massive amount of coordination, precision and strength that are necessary just to move the various materials used in your production facility? It’s a lot, right? But the right can make those processes simpler and easier. Want to know more? Got questions? Please don't hesitate to contact us. +1 (843) 509 1624 Contact us Questions & Answers LinkedIn YouTube Facebook Instagram Twitter US | EN EU | EN MX | ES DE | DE ©2022 FlexQube – All rights reserved Page generated on Master: 2024-11-14T16:52:19+00:00 Policy & Terms Contact us Close Hi, how can I help you? First Name Last Name Email Company City Country Select out country name... Afghanistan Albania Algeria American Samoa Andorra Angola Anguilla Antigua & Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia & Herzegovina Botswana Brazil British Indian Ocean Ter Brunei Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Canary Islands Cape Verde Cayman Islands Central African Republic Chad Channel Islands Chile China Christmas Island Cocos Island Colombia Comoros Congo Cook Islands Costa Rica Cote DIvoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic East Timor Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia French Southern Ter Gabon Gambia Georgia Germany Ghana Gibraltar Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guinea Guyana Haiti Hawaii Honduras Hong Kong Hungary Iceland Indonesia India Iran Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kiribati Korea North Korea South Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macau Macedonia Madagascar Malaysia Malawi Maldives Mali Malta Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Midway Islands Moldova Monaco Mongolia Montserrat Morocco Mozambique Myanmar Nambia Nauru Nepal Netherland Antilles Netherlands (Holland, Europe) Nevis New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island Norway Oman Pakistan Palau Island Palestine Panama Papua New Guinea Paraguay Peru Philippines Pitcairn Island Poland Portugal Puerto Rico Qatar Republic of Montenegro Republic of Serbia Reunion Romania Russia Rwanda St Barthelemy St Eustatius St Helena St Kitts-Nevis St Lucia St Maarten St Pierre & Miquelon St Vincent & Grenadines Saipan Samoa Samoa American San Marino Sao Tome & Principe Saudi Arabia Senegal Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands Somalia South Africa Spain Sri Lanka Sudan Suriname Swaziland Sweden Switzerland Syria Tahiti Taiwan Tajikistan Tanzania Thailand Togo Tokelau Tonga Trinidad & Tobago Tunisia Turkey Turkmenistan Turks & Caicos Is Tuvalu Uganda United Kingdom Ukraine United Arab Emirates United States of America Uruguay Uzbekistan Vanuatu Vatican City State Venezuela Vietnam Virgin Islands (Brit) Virgin Islands (USA) Wake Island Wallis & Futana Is Yemen Zaire Zambia Zimbabwe Comments* Attach a file (optional) Upload Maximum file size is 10mb. Something went wrong Please try again or contact sales. We will get back to you within 24 hours. (Unless it’s during holidays.)