# Swedish Machine Tool Company formed to consolidate machine tool production

SMT Swedturn, Storebro Machine Tools, and SMT-Abene are merging under the umbrella Swedish Machine Tool Company to scale up machine tool production in Sweden. A new production site will be established in Främmestad, and a new series of milling machines for the German market will launch in fall 2021.

- Type: Expansion
- Announced: 2020-11-20
- Where: Främmestad, Sweden
- Starts operating: Q3 2021
- Status: announced
- Products: lathes, milling machines, machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Swedish Machine Tool Company](https://endata.com/companies/51345.md)
- [SMT Swedturn](https://endata.com/companies/51346.md) (partner)
- [Storebro Machine Tools](https://endata.com/companies/51347.md) (partner)
- [SMT-Abene](https://endata.com/companies/51348.md) (partner)

## Sources

- [aktuellproduktion.se](https://www.aktuellproduktion.se/en-stor-omvalvning-for-svensk-verktygsmaskinsproduktion/), 2020-11-20: "Vi blickar framåt – Med en stor erfarenhet i bagaget och solida, pålitliga konstruktioner ska vi nu som en stärkt aktör ska ta med detta in i framtiden."
- [verkstadstidningen.se](https://verkstadstidningen.se/swedish-machine-tool-company-ar-namnet/), 2020-12-09: "Med en stor erfarenhet i bagaget och solida, pålitliga konstruktioner ska vi nu som en stärkt aktör ska ta med detta in i framtiden."

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