The announcement that came on Thursday afternoon means that 71 people will be notified of the dismissal.

- To be forced to close down facilities and notify employees of dismissal is always associated with grief.

At the same time, we must adapt to the market and can state that today there is an overcapacity regarding injection molding in Sweden and that the industry over time must adapt the supply to demand, says Lars Holtskog, Deputy CEO.

Following the closure, which is expected to be completed in 2021, KB Components will operate from seven facilities around Sweden and abroad.