Scanfil signs agreement worth €25 million with industrial automation company

Finnish contract manufacturer Scanfil has signed an agreement with an unnamed company in industrial automation, which is part of a global technology group. The initial scope of the agreement corresponds to a business volume of EUR 25 million. The contract covers electronics manufacturing to support the customer's global supply chain, with production distributed across Scanfil's manufacturing network. The company describes the collaboration as strategically important, with potential for increased volumes over the next three years depending on the customer's scaling plans and continued project development, according to a press release. The new customer falls within Scanfil's Energy & Cleantech segment. “This agreement demonstrates Scanfil's strong capabilities in electronics manufacturing and supports our strategy to grow with global customers by leveraging our international manufacturing network,” says Lars Skanke, Sales & Account Management Director Energy & Cleantech. The customer is not named in the press release