Hexagon receives increased volumes at Alfa Laval

9/12/2002 6:46 AM EST

HEXAGON RECEIVES INCREASED VOLUMES AT ALFA LAVAL

Alfa Laval, that among others are world leaders in heat exchangers, has
decided to increase the purchase volumes from their main supplier of
heat exchanger gaskets, Gislaved Gummi AB.

The decision means a volume increase corresponding to about 25 MSEK per
year, which will be placed at Gislaved, beginning already in September
this year.

The production volume will be split between Gislaved´s Swedish unit and
the unit in Sri Lanka.

This means that Gislaved will further strengthen their position within
this niche area, where they already are the global market leaders.

"We see this decision as a confirmation that our focus during the last
years on increased capacity and logistic solutions now starts to give
results. In the future we also expect to take further market shares
within the gasket area" says Lars Olofsson, President of Gislaved Gummi.

Gislaved Gummi is a part of Hexagon Engineering.

For further information, please contact:

Torbjörn Wistrand, President Engineering Lars Olofsson, President
Hexagon AB Gislaved Gummi AB
Phone: +46(0)8-601 26 27 Phone:+46(0)371-84800



Hexagon AB is a multinational engineering group with the long-term
ambition of positioning itself as number one or number two within its
strategic sectors. The operation is divided into three business areas:
Hexagon Automation, Hexagon Engineering and Hexagon Metrology. The
group's targets are to increase earnings per share after tax by at least
15 per cent p.a., and achieve a return on capital employed higher than
15 per cent over the business cycle. Current turnover amounts to more
than 7 GSEK p.a.