# Nobia to close Tidaholm factory, records write-downs

As a result of the decision to close the Tidaholm factory, Nobia will record write-downs of approximately SEK 149 million in machinery and buildings, and incur other associated costs of approximately SEK 130 million.

- Type: Closure
- Announced: 2020-12-22
- Where: Tidaholm, Sweden
- Status: announced
- Products: kitchen manufacturing
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Nobia](https://endata.com/companies/17825.md)

## Sources

- [news.cision.com](https://news.cision.com/nobia-ab/r/nobia-continues-preparations-for-investment-in-highly-automated-production-plant-in-sweden--enters-n,c3260889), 2020-12-22: "As a result of the decision to close the Tidaholm factory, Nobia will record write-downs of approximately SEK 149 million in machinery and buildings."

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