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SWEP, part of Dover (NYSE: DOV) has announced plans to continue expanding its global manufacturing capacity to meet growing demand that serve the global data center as well as industrial and commercial heating/cooling markets.
Over the last several years, SWEP has invested significantly in capacity to serve strong customer demand in all regions and markets. SWEP will now be investing an additional $30M to expand manufacturing capacity through 2026-2027, which will more than double the capacity for larger sized products.
The investments will include new furnaces, test equipment, press lines and automation in all five factories world-wide as well as expanded production space in SWEP’s North American factory in Tulsa, OK. The expansion is an important initiative to bolster SWEP’s commitment to our customers for efficient heat transfer in liquid cooling, energy efficiency, and energy security driven by:
“We’re seeing significant global demand for best-in-class heat transfer technology driven by hypergrowth in critical infrastructure markets. SWEP has a long-standing history serving global customers in these segments with innovative solutions that deliver exceptional performance, reliability and efficiency. This investment enables us to further expand our operations and align our manufacturing throughput to the aggressive growth goals our customers have established to deliver heating and cooling systems at scale,” says SWEP President Ulrika Nordqvist.
The two-year investment plan further builds on the investments of the previous multi–year capacity expansion initiative focusing on enhancing workforce capabilities, increasing automation, and embedding more sustainable manufacturing processes. SWEP is committed to bringing world-class heat transfer solutions to our customers, driving efficiencies, and supporting the path toward carbon neutrality and a sustainable future.
More information about data center solutions from SWEP