Finnish LED lighting manufacturer Valtavalo invests in domestic production
Dec 15th, 2015
The Finnish LED tube manufacturer Valtavalo Ltd, which returned its production from China to Finland in 2012, is multiplying its production capacity by acquiring a second, more efficient and fully automated LED tube manufacturing line. According to plans, the the new line will become operational by summer 2016. It will be delivered by EID Tech Oy from Kuopio.
Recently, Valtavalo has also improved the domestic content of its LED tube products by acquiring an automation cell for manufacturing LED tubes and caps in late 2015. Total value of the investments is nearly one million euros.
“Valtavalo is demonstrating how investments in automation can help to maintain manufacturing industry in Finland and to compete on cost even with cheap manufacturing countries. Even if increased automation does not create new jobs, these investments have significant direct and indirect employment effects,” says Jari Helminen, managing director of EID Tech Oy.
“Depending on the method of assessment, even over 80 per cent of our product's value comes from Finland. Finland and other Nordic countries have the best resources of material providers who meet our quality criteria, and Finnish automation expertise is among the best in the world,” Markku Laatikainen, CEO at Valtavalo Oy summarises.
Valtavalo's LED tube lighting products can replace old fluorescent lights directly, and Valtavalo has concentrated on this segment from the beginning.
“The international LED tube standard introduced in December 2014 has opened the market for LED tubes and the export prospects are good. We estimate that that beginning from late 2016 export channels will truly begin to open,” Laatikainen continues.
Founded in 2008, Valtavalo Ltd is a Finnish company developing, manufacturing and delivering energy-efficient and environment-friendly lighting solutions with the view to improve its customers’ cost-efficiency and competitive potential. Valtavalo is the leading LED tube manufacturer in Scandinavia and has distributors in many European countries. www.valtavalo.com
EID Tech Oy designs and sells customer-oriented industrial automation solutions for various needs of Finnish and international clients. EID Tech was founded in 2009 and the company is located in Kuopio, Finland. www.eidtech.fi
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