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Swedish fastener specialist expands into US market

As part of a strategy to increase its presence in the North American market, Bumax, a Swedish manufacturer of high-strength stainless steel fasteners, has appointed Bo Andersson to a new position as business development manager for the USA.

We see the USA as a strategic focus market for Bumax with huge potential for our premium stainless steel fasteners in a variety of industries, said Lars Holm, managing director at Bumax. We will increase our efforts to capture new clients and new projects in North America, in sectors like marine, oil and gas, energy, defense, pulp and paper and construction, where durable and high-strength fasteners are increasingly required.

We are planning an aggressive expansion of our geographical footprint over the coming years, and this will take us toward our ambitions of doubling turnover within the next five years. The North American market plays a key role in our expansion ambitions.

Mr Andersson has a background in technical engineering, marketing, sales and management, for manufacturing companies such as Design in Wood, Casco Schönox, Akzo Nobel and Sika. In his new role as business development manager for the USA, he will be responsible for growing the American market and ensuring Bumax continues to provide customer service. He will be based in Miami, Florida, USA.

Commenting on his appointment, Mr Andersson said, I am happy to be part of the Bumax team and look forward to contributing to the expansion of the company's footprint in North America. I am especially excited about the prospects we have here in our American manufacturing market — in particular our ability to offer the world's strongest stainless bolt.

Bumax manufactures stainless steel fasteners in a variety of steel grades to provide safety and reliability in the demanding applications. The company is headquartered in Åshammar, Sweden, and has offices or distributors in more than 30 countries on four continents.