# Scania to build new foundry in Södertälje, Sweden

Scania will build a new foundry in Södertälje, Sweden, with a total project cost of EUR 165 million, financed by a EUR 75 million loan from NIB. The foundry will increase capacity from 30,000 to 90,000 tonnes per year. Construction is planned to start in January 2019.

- Type: New facility
- Announced: 2018-11-20
- Where: Södertälje, Sweden
- Value: $188.0M (165.0M EUR)
- Status: announced
- Capacity: 90,000 tonnes per year
- Products: cast cylinder heads, cylinder blocks
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Scania](https://endata.com/companies/3646.md)
- [Nordic Investment Bank](https://endata.com/companies/35582.md) (investor)

## Sources

- [nib.int](https://www.nib.int/news/nib-funding-scanias-new-foundry-in-sweden), 2018-11-19: "The investment in a new foundry is one of Scania’s largest single investments in new plant."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.