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Olofsfors Celebrates 250 Years

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Olofsfors Celebrates 250 Years

In 1762, John Jennings, at the time one of the most powerful men in Sweden, arrived in Västerbotten County, Sweden. At the Ledu River’s outlet, about three miles west of today’s Nordmaling, he built a blast furnace and a forge. He named the place Olofsfors. The production of iron required an enormous amount of charcoal, and there was forest as well as three rivers that created hydropower for hammers and blowers. It was also close to the sea for easy transportation. This was how Olofsfors AB — one of the oldest companies in Sweden — began.

For five generations, the local community in Nordmaling has associated the Wikström name with industrial activity and job opportunities. Olofsfors’ current owners, Anders and Carl Wikström, are great-great-grandsons of Pehr Wikström, who in 1874 became part-owner of Olofsfors Works. The company has been very important for the development of the municipality. “The Works” has been the place of work for several generations. A school was built in Olofsfors eleven years before public elementary school was introduced in Sweden.

The genuine craftsmanship in Olofsfors products has been passed down from one generation to the next. When industrialization gained momentum in Sweden in the 19th century, Olofsfors was able to go from small-scale ironworks to manufactory forging where wagon wheels were the major product. In the early 1900s, chains became the company’s success product. The conditions in the outside world changed in the mid-1900s when forestry was mechanized and trucks took over timber transportation. Olofsfors adapted to these developments and switched from chains to tracks for forest machines — the now widely known ECO-Tracks. During the 1970s, Olofsfors also began to develop cutting edges and wear bars — which are still strong products under the SharqEdges and Bruxite brands. Forging bright ideas since 1762.

For 250 years the company has evolved with the outside world. With steel knowledge and craftsmanship as their foundation, the company has produced everything from stoves and wagon wheels to chains. It has always worked according to its core values of knowledge, quality and sustainability of social, environmental and economic aspects. In this way, Olofsfors has always been able to renew the business and adapt its products to market requirements. Today, Olofsfors is an internationally successful company that develops and manufactures products in boron steel for the forestry and construction industries. Olofsfors’ product portfolio contains the well-known brands: ECOTracks for forestry machines; SharqEdges, cutting edges for snow plows and motor graders; and Bruxite wear edges for buckets and excavators.

The company’s success is the result of long-term ownership, constantly renewed business and its ability to adapt its products to changing market needs. With deep knowledge and broad expertise they make strategic investments based on social, environmental and economic aspects of sustainability. As it celebrates its 250th anniversary, Olofsfors still has both product development and production in the place where it all began. Today, Olofsfors continues to forge bright ideas, yet is still close to its historical heritage. Now it is ready for at least another 250 years.

Olofsfors’ success and growth strategy is to constantly renew business through strategic investments. With environmentally friendly manufacturing processes and materials, they offer innovative products that meet increasing market demands and industrial changes. It is also what makes Olofsfors, despite fierce competition, a global leader in all product segments. Today, Olofsfors consists of the sales companies Metsätyö OY in Finland and Olofsfors Inc. in Canada.

Olofsfors Inc. is moving into a new larger facility this year in Brantford, Ontario. All marketing personnel and production will be under one roof to meet greater market demands and future growth. Olofsfors Inc. produces the ECO-Track and ECO-Wheel Track product lines for the North American forestry market.

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