Landskrona, Sweden-based Swep is establishing new factories in Slovakia and China to meet expanding demand for its compact brazed heat exchangers. The company has four existing factories worldwide.

Production at the new factory in Kechnec Industrial Park, near Košice in Slovakia, is expected to start in the fall of 2006, initially generating about 100 new jobs. The factory in China is located just outside Shanghai and is expected to come into operation during the second half of 2007. However, Swep's Chinese trading company will be ready for business by the end of 2006.