Höganäs AB

Höganäs
Public
Traded as OMX: Hogab
Industry Powder Metallurgy
Founded 1797 (1797)
Founder Count Eric Ruuth
Headquarters Bruksgatan 35, Höganäs, Sweden
Area served
Worldwide
Key people
Melker Jernberg (President & CEO)
Revenue Increase SEK 6671 million (2010)
Increase SEK 01114 million (2010)
Increase SEK 0804 million (2010)
Total assets Increase SEK 5667 million (2010)
Total equity Increase SEK 03239 million (2010)
Divisions

Hoganas Brasil
Hoganas China
Hoganas Japan
Hoganas Korea
North American Höganäs

Hoganas East Europe
Website www.hoganas.com

Höganäs AB is a Swedish multinational based in Höganäs. It is the world's largest producer of powdered metals.[1] It develops and markets powders for customers in metallurgical industries.

The company's portfolio of products and services includes sintered components, electromagnetic applications, brazing, chemical and metallurgical, hot polymer filtration, iron fortification, friction, Glidcop, sintered stainless steel filters, surface coating and welding.

Höganäs AB is operational worldwide through a number of subsidiaries, including Hoganas HOGAP AB, Hoganas Japan K.K, Hoganas East Europe LLC, Hoganas France S.A.S, Hoganas Italia S.r.I and North American Höganäs Holdings Inc. among others.

History

The company was founded in 1797 as a coal mine by Count Eric Ruuth. It also made refractory and salt glazed ceramics. The company has 1400 customers in 65 countries with more than 1500 products, mostly customer specific, from 14 production centres situated in all main continents. The company has 1600 employees and a turnover of approximately 900 MUSD. Höganäs AB was listed on the OMX in Stockholm. Höganäs AB is today part of Lindéngruppen. It was purchased off the stock exchange in 2013.

The company’s products are found in a series of application areas including structural components for the automotive industry, metal surface coatings and iron fortification of food.

The Swedish iron ore producer LKAB has been one of the company's suppliers since 1909.

See also

External links

References

  1. Hermann Simon mentioned this company in his correspondent Book as an example of a "Hidden Champion" (Simon, Hermann: Hidden Champions of the 21st Century : Success Strategies of unknown World Market Leaders. London: Springer, 2009.- ISBN 978-0-387-98147-5.)
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