Husqvarna Group
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| Public (Nasdaq Stockholm: HUSQ B) | |
| Industry | Consumer Durables |
| Founded | 1689 |
| Headquarters | Stockholm and Huskvarna, Sweden |
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Key people
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Lars E. Westerberg Chairman Kai Wärn CEO |
| Products | Outdoor power products including chainsaws and trimmers, garden tractors, mowers, consumer watering products, and equipment and diamond tools for the construction and stone industries |
| Revenue | SEK 36,193 MSEK (2015) |
| SEK 2,5 MSEK (2015) | |
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Number of employees
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14,156 (2013) |
| Website | http://www.husqvarnagroup.com |
The Husqvarna Group (Swedish pronunciation: [ˈhʉ̞ːskvɑːɳa]) is a manufacturer of outdoor power products including chainsaws and trimmers, garden tractors, and mowers. Headquartered in Stockholm, Sweden, the Group also produces consumer watering products, cutting equipment and diamond tools for the construction and stone industries.
Husqvarna Group sponsors the Swedish ice hockey club HV71 and several local community engagement projects around the world.
1689 - Rifle factory The drillingwork at the waterfalls in Husqvarna, southern Sweden, is the first large plant. The state-owned rifle factory had some 1,000 employees at the beginning of the 18th century. The company was spun off from Husqvarna Vapenfabriks Aktiebolag in 1959. Shotguns were produced for 300 years, the last in 1989.
1872 - Sewing machines When demand declined, it turned out that the machinery for production of rifles was well-suited for producing sewing machines. The operations was divested in 1997 and Husqvarna-branded sewing machines are now produced by the VSM Group.
1874 - Kitchen equipment in cast iron Husqvarna starts a foundry to produce details for sewing machines, a large part being the base frames. Soon the assortment was broadened to include such products as kitchen equipment in cast-iron and later on stoves and ovens.
1896 - Bicycles Bicycle production begins in the Huskvarna factory. Several patents are registered. The last bicycle is produced in 1962.
1903 - Motorcycles The first motorcycle, which could reach the impressive speed of 4–5 km/hour, was produced in 1903. Starting in the 1930s, Husqvarna's lightweight engines helped make some successful track racing and motocross bikes. Husqvarna's first titles in Motocross World Championship came in 1959 and 1960. The operation was divested in 1987 and is since 2013 part of the KTM family.
1919 - Lawn mowers When Husqvarna acquired Norrahammars bruk, the product range expands to heating boilers and lawn mowers. The first test with a lawn mower powered by an engine was done in 1947.
1959 - Chainsaws As demand for bicycles, mopeds and motorcycles declines, forestry becomes increasingly important. The expertise in engines is now utilized in new areas and the first chainsaw is produced in 1959.
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Wikipedia