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  • Bulten works with Polestar on development of climate-neutral electric car

    Posted in Fasteners manufacturers, Industry 4.0, Innovation, Sustainability on Sep 15, 2022

    Bulten has begun a collaboration with Polestar on the development project Polestar 0, which aims to build a climate-neutral electric car by 2030.

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    The Polestar 0 project was officially announced in 2021, and aims to create a climateneutral electric car by the year 2030, by eliminating emissions in the supply chain. Bulten’s contribution will be the delivery of climate-neutral and highly functional fasteners. This can be achieved through a combination of energy-efficient materials and processes, as well as renewable energy supply throughout the value chain.

    “We are truly honored to be part of the Polestar 0 project, and to assist one of our customers in developing a truly climate-neutral vehicle. We take our sustainability work extremely seriously, and see this as an opportunity to share our knowledge, but also to learn from the other partners involved in the project,” says Anders Nyström, President and CEO of Bulten Group.

    “A project of this ambition requires partners at the cutting-edge of their industries and which are fully engaged in our bold vision. That’s why I’m looking forward to Bulten becoming a crucial part of our team as we find solutions for developing an entirely climate-neutral supply chain. Bulten’s expertise in fasteners will be invaluable in our mission and will play an integral role in pioneering new and innovative technologies to achieve what has so far been impossible,” says Hans Pehrson, leader of the Polestar 0 project.

    Sustainability is integrated in Bulten’s strategy, and the aim is to become the most sustainable company in the fastener sector. Bulten has clearly defined climate goals both for its own production and its supply chain, which are also in line with the Paris Agreement.

    For further information, please contact:

    Ulrika Hultgren, SVP Corporate Communications & IR, +46 727-47 17 58, ulrika.hultgren@bulten.com


    Author: Ulrika Hultgren

  • Bulten signs FSP contract with clear sustainable objectives

    Posted in Fasteners manufacturers, Industry 4.0, Sustainability on Jan 21, 2022

    Bulten has signed an FSP (Full Service Provider) contract regarding the supply of fasteners to a new European vehicle program for a global automotive manufacturer, which also is an existing customer of the company. The contract value is approximately SEK 100 million annually at full capacity.

    One decisive reason why Bulten was awarded the contract is the company’s distinct sustainability offer. Besides deliveries of fasteners, the contract also entails a close collaboration between the parties to reduce environmental impact in the value chain. This means Bulten will commit to a number of environmental targets during the contract period, with the aim of supporting the automotive manufacturer’s overall sustainability objectives. The targets will be set jointly by both parties and monitored on a regular basis.

    “Of course we are delighted to once again be appointed FSP supplier to an existing customer. It shows that our performance is valued. However, I am particularly proud that we are awarded business based on sustainability, and that we now have a tangible collaboration with a customer to reduce environmental impact. It is a true milestone, and we know that sustainability will be increasingly important to our customers when they choose suppliers,” says Anders Nyström, President and CEO of Bulten.

    Deliveries are expected to begin in the third quarter of 2023, and to reach full capacity in 2025. The new European vehicle program has an expected lifecycle of ten years.


    For further information, please contact:

    Ulrika Hultgren, SVP Corporate Communications & IR, +46 727-47 17 58, ulrika.hultgren@bulten.com


    Author: Ulrika Hultgren

  • Bulten wins strategic consumer electronics contract in Asia

    Posted in Fastener distribution, Industry 4.0, Manufacturing technology on Aug 31, 2021

    Bulten, via its subsidiary PSM International Holdings Limited (PSM), has signed a strategically important agreement in China regarding the supply of fasteners to a leading provider of consumer electronics. The agreement has an estimated annual value of approximately SEK 50 million. Deliveries are planned to begin in August this year.

    “This is a strategically important contract for us, as it further diversifies our customer base and strengthens our position on the Asian market. It is an effect of our earlier acquisition of PSM, which provides good opportunities to grow in Asia and in various segments, including consumer electronics,” says Anders Nyström, President and CEO of Bulten.


    For further information, please contact:

    Ulrika Hultgren, SVP Corporate Communications & IR, +46 (0)727-47 17 58, ulrika.hultgren@bulten.com


    Author: Ulrika Hultgren

  • Bulten starts construction of its new manufacturing facility in Poland

    Posted in Acquisitions, Fastener distribution, Industry 4.0, Manufacturing technology on Jun 25, 2021

    As previously announced, Bulten will invest in a new manufacturing facility in Radziechowy-Wieprz in Poland. Due to the pandemic situation in April 2020, this investment was halted. Bulten’s Board of directors has now made the decision to restart the project with immediate effect. The construction of the new factory begins with a groundbreaking ceremony in May 2021 and production is expected to start in the first half of 2023. The main operation in the new plant will be surface treatment.

    “I am very pleased that we finally can start the construction of our new facility in Poland. With this new plant the company will have a state-of-the-art surface treatment processes, both in terms of efficiency, quality and sustainability”, says Anders Nyström, President and CEO of Bulten.

    The new manufacturing facility is located in Radziechowy-Wieprz, close to Bulten’s existing facilities in Bielsko-Biala and Wilkowice. The total investment, including land, building and production equipment, amounts to approximately EUR 31 million, of which about EUR 3.5 million is for the already purchased land. The investment is within the existing credit agreement.

    For further information, please contact:

    Anders Nyström, President and CEO, Bulten tel: 031-734 59 00, e-post: corporatecommunications@bulten.com

    Bulten Group is one of the leading suppliers of fasteners to the international automotive industry. The company’s product range includes everything from customer-specific standard products to customized special fasteners. The company also provides technical development, line-feeding, logistics, material and production expertise. Bulten offers a Full Service Provider concept or parts thereof. The company was founded in 1873, has some 1,600 employees in sixteen countries and head office in Gothenburg. The share (BULTEN) is listed on Nasdaq Stockholm. Read more at www.bulten.com.

    Author: AHG Bulten AB)

  • Bulten inaugurates new factory in Taiwan

    Posted in Fastener distribution, Fastener suppliers on Feb 01, 2021

    Bulten has inaugurated a new production facility in Taipei, Taiwan through its subsidiary PSM Fasteners Taiwan Ltd...

  • Bulten moves and expands its manufacturing facility in Taiwan

    Posted in Acquisitions, Fasteners manufacturers on Aug 05, 2020

    Bulten has signed a lease contract on a manufacturing facility in Taipei through its subsidiary PSM Fasteners Taiwan Ltd (PSM Taiwan). The new location allows for a more efficient and sustainable operation and...

  • Bulten announces delivery start and start-up costs for newly won FSP contract

    Posted in Fastener distribution, Fastener suppliers on Jul 10, 2020

    On 2 July 2020, Bulten announced that the company had signed a FSP (Full Service Provider) contract for supply of fasteners to a European automotive manufacturer at an annual value of approximately EUR 60 million at full pace.

  • BULTEN completes the acquisition of PSM INTERNATIONAL

    Posted in Acquisitions, Fastener distribution, Fastener suppliers, Fasteners manufacturers on Mar 25, 2020

    Bulten today (2020-02-28) announces that the acquisition of PSM International Holdings Limited (“PSM”) has been completed. Closing of the transaction follows the announcement on December 20, 2019, that Bulten has signed an agreement to acquire PSM...