16.11.2016

Würth re-affirms commitment to Riihimäki with €23M investment

“Riihimäki offers good connections to all directions,” says Pentti Rantanen, the chairman of the board at Würth Oy.

Würth Oy has announced its decision to invest €23 million in expanding its central warehouse and offices in Riihimäki, thus re-affirming its commitment to the almost 30,000-resident city located roughly 70 kilometres north of Helsinki. 

 

“Riihimäki offers good connections to all directions,” says Pentti Rantanen, the chairman of the board at Würth Oy. The manufacturer of assembly and fastening materials, he suggests, owes its reputation as the most reliable operator in the industry partly to the convenient location of Riihimäki. “The business-friendly climate in the city is another very important factor for us. With this and our previous investments, we will create a foundation to continue our strong growth also in the coming years,” he adds.

 

Würth Oy says it has already begun installing fully-automated warehousing technology in its central warehouse and will construct a training centre adjacent to its offices in Riihimäki. It expects the automation project to be completed at the beginning, and the new offices and training centre in the first half of next year.

 

Mika Herpiö, the head of industrial affairs at the City of Riihimäki, is delighted with the investment decision. “Würth Oy has become the largest corporate tax contributor and the second largest employer in Riihimäki. We are delighted that Riihimäki's logistical location and the city's actions have contributed to the success of Würth Oy,” he says.

 

Würth Oy, a subsidiary of the Germany-based Würth Group, reported net sales of €256 million last year.