NKT reports that construction has started on the company’s cable extrusion tower in Karlskrona, Sweden, for what it said will be the world’s largest factory for high-voltage offshore power cables.

A July 31st press release said that the slipform casting of concrete had started for the site’s third extrusion tower, which will become the second tallest tower in Sweden. Over the coming months, a truck per hour will supply concrete to the tower, ensuring its rapid ascent to 200 meters to stand as a landmark of NKT’s ongoing investments in production capacity and capabilities. “The beginning of the slip forming is a major milestone in the expansion of the factory in Karlskrona,” said Darren Fennell, executive vice president and head of HV Solutions Karlskrona in NKT. “The ongoing investments ... prepares us for the positive development we expect in the high-voltage power cable market.”

The extrusion tower is crucial in adding insulation to the high-voltage power cables produced at the Swedish facility. The construction of the tower is part of a larger investment program in NKT’s high-voltage power cable business, which also includes a second cable-laying vessel, set to be operational from 2027 alongside the factory expansion. As part of this growth, NKT plans to recruit over 500 new employees by 2027 and is on track with the hiring process in Karlskrona.