Exel Composites
 | |
Native name | Exel Composites Oyj |
|---|---|
| Formerly | Exel Oyj |
| Company type | Julkinen osakeyhtiö |
| Nasdaq Helsinki: EXL1V | |
| Founded | 1960 |
| Founder | Yrjö Aho |
| Headquarters | , |
Area served | Worldwide |
Key people | Paul Sohlberg (CEO) |
| Products |
|
| Revenue | €103.8 million (2019)[1] |
| €5.1 million (2019)[1] | |
Number of employees | 648 (2019)[1] |
| Website | exelcomposites |
Exel Composites Plc (natively Exel Composites Oyj, formerly known as Exel Oyj)[2] is a Finnish technology company that designs, manufactures and markets composite profiles and tubes for industrial applications.[3] Exel was founded in 1960 by Yrjö Aho.[4] The company is listed on Nasdaq Helsinki.[5]
The name Exel came from a combination of the words explosive electronics,[4] with the company initially producing electric blasting caps [4] The company later moved onto production of sports equipment, with a focus on ski poles, before diversifying into a wider range of composite products.[3][6]
In 2024, Exel has production plants in Finland (Joensuu and Mäntyharju), Austria (Kapfenberg), the United States (Erlanger, Kentucky), and China (Nanjing). In addition, the company has a plant in Goa, India, through Kineco Exel Composites India, a joint venture between Exel Composites and Kineco Ltd.[7]
References
[edit]- ^ a b c "Annual Report 2019" (PDF). Exel Composites. Archived from the original (PDF) on 12 June 2020. Retrieved 12 June 2020.
- ^ "Exel Composites Oyj". Kauppalehti (in Finnish). Retrieved 27 December 2024.
- ^ a b "About Exel Composites". Exel Composites. Archived from the original on 29 May 2012. Retrieved 28 May 2012.
- ^ a b c Tiainen, Olli-Pekka (5 January 2001). "Räjähteistä ratakiskoihin". Taloussanomat (in Finnish). Sanoma News. Archived from the original on 13 February 2013. Retrieved 28 May 2012.
- ^ "Exel Composites Oyj (EXL1V), FI0009007306". Nasdaq. Retrieved 27 December 2024.
- ^ Mikkonen, Antti (20 February 2002). "Exel-samppaa Utahissa". Talouselämä (in Finnish). Talentum. Archived from the original on 14 September 2012. Retrieved 28 May 2012.
- ^ "Kineco Exel to manufacture pultruded carbon fiber planks for Vestas". CompositesWorld. 11 November 2024. Retrieved 15 November 2024.
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