Operating Company News

SWEP Takes Next Step in EMEA Production Expansion

DOWNERS GROVE, Ill., July 13, 2021 /PRNewswire/ – SWEP, a part of Dover (NYSE: DOV) and a leading supplier of compact brazed plate heat exchangers, has begun the next phase of its EMEA expansion project, adding an additional 3,000 square meters for production and R&D capabilities at the Košice plant in Slovakia.

During the summer of 2020, new production equipment was installed in extended areas of the Landskrona plant in Sweden, and all production lines were optimized. In addition to the new production area, 500 square meters of new office space was also constructed.

On April 27, 2021, SWEP began its expansion in Košice, led by General Manager Robert Dzurilla, Quality Manager Jana Sallaiova and Engineering Manager Stanislav Kodus.

“This most recent expansion is an investment in SWEP’s future in EMEA as we continue to grow the Košice plant and build on its success,” said Ulrika Nordquist, President for SWEP. “Since launching our first production lines in the 1980s, we’ve grown organically and adapted our sites to market needs many times, which has proven to be a successful strategy in EMEA. What’s more, despite increasing output, we’ve lowered the net amount of CO2e from our facilities by 12% since beginning to measure in 2018. As we grow further, the safety for our people remains crucial, which is why we are working to automate processes as much as possible in this next phase of our expansion efforts.”

This expanded facility will give SWEP an additional 3,000 square meters of production space, with added press and furnace capacity. The Košice expansion is expected to be fully operational by early summer 2022.

“As utilizing renewable energy sources and using energy efficiently become increasingly essential, SWEP’s heat exchanger technology plays a vital role in the conversion from old non-sustainable sources and inefficient technologies. By expanding our production in EMEA through additional capacity equipment, such as press lines, furnaces and automation, we will significantly increase our abilities to serve the market as it evolves towards more efficient technologies,” said Fredrik Paulson, General Manager for SWEP EMEA. “Further, with an optimized operational flow, we are becoming more flexible towards demands and less vulnerable to unpredicted events, all while continuing to grow with our customers.”

About SWEP:

At SWEP, we believe our future rests on giving more energy than we take – from our planet and our people. That’s why we pour our energy into leading the conversion to sustainable energy usage in heat transfer. Over three decades, the SWEP brand has become synonymous with challenging efficiency.

SWEP is a world-leading supplier of brazed plate heat exchangers and prefabricated energy transfer stations for HVAC and industrial applications. With over 1,000 dedicated employees, carefully selected business partners, global presence with production, sales and heartfelt service, we bring a level of expertise and customer intimacy that’s redefining competitive edge for a more sustainable future. SWEP is part of Dover Corporation, a multi-billion-dollar, diversified manufacturer of a wide range of proprietary products and components for industrial and commercial use.

About Dover:

Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Fueling Solutions, Imaging & Identification, Pumps & Process Solutions and Refrigeration & Food Equipment. Dover combines global scale, operational agility, world-class engineering capability and customer intimacy to lead the markets we serve. Recognized for our entrepreneurial approach for over 60 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV."