This one is debatable to me. Full tech transfer doesn't mean much unless the supply chain is substantially developed in Canada. But then how is that profitable for Saab? They never talk about Canadian content and supply chains. Just assembly and vague assertions to R&D.
Sweden has other companies operating profitably in Canada for many decades. A lot of them you won't have heard of unless you are involved in specfic industries. Ballbearings, heat exchangers, pumps, valves, centrifuges, alloys, PLCs and other electronics....
Here is a list of some Swedish companies operating in Canada:
Alfa Laval: A company specializing in heat transfer, separation, and fluid handling.
Atlas Copco: A multinational company known for its industrial productivity solutions.
Ericsson: A multinational company in the telecommunications sector.
H&M Hennes & Mauritz: A multinational clothing-retail company known for its fashion apparel.
IKEA: A multinational conglomerate that designs and sells ready-to-assemble furniture, kitchen appliances, and home accessories.
Sandvik: A Swedish multinational engineering company specializing in mining and rock excavation, metal-cutting tools, and materials technology.
SKF: A company that manufactures and supplies ball bearings, seals, and lubrication systems.
Stora Enso: A leading provider of renewable solutions in packaging, biomaterials, wood construction, and paper.
Tetra-Pak: A company that designs and manufactures a wide range of packaging for food and beverage products.
Volvo Trucks: A manufacturer of heavy-duty trucks.
Husqvarna, Forsberg.
Just watch out for their market support, overhead and real estate fees. They will happily build us a new factory then lease it back to us.
