Incap Estonia discussing new investment with SMT renting
We are happy to announce that Incap Estonia is upgrading its two current SMT production lines and adding a third SMT line to its factory in Kuressaare. The new investment will increase the overall SMT production capacity by more than 50% and will be opened in the third quarter of this year.
According to Greg Grace, Managing Director of Incap Estonia, the investment in two existing and one new SMT (2022.06.01) line will help the company to support its growth and customer demands. Incap Estonia is investing EUR 1.35 million for a long term lease agreement of six years by renting new production equipment from SMT Renting.
“Technology is changing rapidly and therefore we have seen and experienced that the renting model suits our factory as a concept very well, as it allows us flexibility and guarantees us the latest technology in the field,” Grace explained.
See the interview here
Read more about Incap Estonia’s investment plans: