In short, our mission is to create conditions for the establishment of companies that generate at least 2,000 - 4,000 jobs on our industrial park.
One of the biggest challenges in Västernorrland is the declining population trend with an ageing population and fewer taxpayers. We therefore need inward migration and more jobs. The green energy-intensive industry, including battery production, has proven to create increased regional attractiveness and strong growth. Greater establishment ultimately contributes to continued investment in strong welfare and good public services. If we are to be part of, or take the lead in, the green transition, we can benefit from a regional establishment of a world-leading company with developed cutting-edge technology.
Generally speaking, an industrial job creates about 2-4 indirect jobs. This means that 2,000 new jobs at Torsboda could mean around 8,000 new jobs in the region.
A scenario analysis, produced by WSP for the municipality of Sundsvall, gives an idea of the regional economic effects that may arise in the wake of the establishment of an electricity-intensive establishment. It is not a forecast but various calculated scenarios that aim to contribute to a better understanding of the effects in the slightly longer term:
NEW ESTABLISHMENT AREA IN TORSBODA Calculations of labor market effects in the Sundsvall region
"The establishment is expected to employ 2 000-5 000 people from the time it becomes fully operational (2027-2030). In addition, there will be indirect employment effects corresponding to almost 1 200-3 300 people, depending on the scenario and the influx of people. Thus, an electricity-intensive establishment is estimated to generate almost 3 300-8 800 new jobs in the region. However, some employment effects already occur during the construction period.
The employment multiplier between 2024-2030 is estimated to be 1.65-1.75 depending on the scenario. This means that for every job created as a direct effect of the investment, an additional 0.65-0.75 jobs are created as an indirect effect."
The initiative can be broken down into different parts. One part is investments we need to make for infrastructure and implementation. Torsboda Industrial Park is run according to an exploitation budget, a common procedure in municipal operations. The aim is for our investments at the industrial park to be repaid with the income we receive when we sell the land. In other words, in the long term, taxpayers will not have to pay for anything.
You can find out more in our investment budget and operational policy.
Another part is investments made in society to enable growth. It is important to remember why the investment in Torsboda Industrial Park is being made. We want to attract people to our region by creating jobs. We need the tax revenues to be able to develop welfare. Investments that the municipalities make in community building should be returned in the form of increased tax revenue.
A third part is the investments that establishing companies make together with Torsboda and the municipalities to attract more people to our region. Companies need employees and people need to be trained. This involves, for example, efforts to attract newcomers, to make it easier for immigrants to enter our society and targeted training courses.
Our region has large areas of land and access to 100% green and renewable energy. Torsboda Industrial Park therefore has excellent conditions to attract green industry. Our area, of over 150 hectares, has access to 450 MW of green energy at one of the lowest costs in Europe. With three cities and a university within 30 minutes of the site, we can provide companies with a workforce. With an airport, railway, European highway and three ports close to the area, we offer excellent communications and good logistics. In addition, Sundsvall Logistics Park is an important transportation hub. Our politically stable region, our favorable climate and our good communications make Torsboda an optimal choice for energy-intensive industry.
Establishing the site will mean investments in our society. We need to improve water and sewage, we need more housing, preschools, cycle paths and smart traffic solutions. The cultural offer can grow and more companies will establish themselves. Some investments will be made by the municipalities, others by the state and authorities, and many will be made by private actors and companies. In practice, this may involve the construction of housing, schools and activity areas.
It is the board of Torsboda Industrial Park AB that decides who can buy land and establish themselves. The board consists of leading politicians from the municipalities of Sundsvall and Timrå.
The evaluation work includes assessing the number of jobs, the company's willingness to contribute to our region and society, and the company's ambitions and participation in the green transition. We also conduct analyses and a due diligence (a review of the company) on establishing companies and we relate to Swedish foreign trade policy.
Companies establishing themselves on the Swedish market must comply with Swedish law.
Basically, it is about the need for confidentiality of companies, which in turn is about trade secrets and competitive situations. For public companies, information about an upcoming establishment can also affect stock market prices. Therefore, if information is disclosed during the negotiations, there is a risk that dialogues and deals that have been initiated will be lost.
Thanks to its location and access to green electricity, Torsboda is attractive to several stakeholders. "We are in talks with companies from Europe, North America and Asia. As a rule, we do not comment on who the companies are, but as soon as something is ready, we will tell you about it.
On June 19, 2024, we signed a Letter of Intent with the Lithuanian company Kaunas Metal. They will establish themselves in northern Sweden and Torsboda is one of two locations that the company is interested in for its new plant where recycled steel will be turned into rebar. The establishment in Sweden will mean between 200 and 300 jobs. You can read more about it here.
We have bought some properties in the immediate vicinity of the industrial park because there is uncertainty about how they will be affected. We see it as reasonable that we own them and take responsibility for them until we have an answer to that question. We do not know today how they will be used in the future. Maybe during the construction period they will be used as project offices. We have not drawn any specific limit on which properties may or may not be relevant for acquisition, but we examine it on a case-by-case basis.
If you own land in the immediate vicinity of the industrial park and are interested in selling, please contact us at: support@torsboda.se for a dialog.
It is packaged in companies because we have ensured that we get the land back if the customer's establishment does not take place. A promise (option) to sell back a property, i.e. the land itself, is not legally binding, but a promise (option) to sell back shares is.
Just as, for example, when SCA expanded Östrand in 2015-2018, we can expect temporary guest workers during the actual construction periods. In addition to Swedish labor, we believe that people from our neighboring countries and Central Europe will come here and work on factory construction. Specialists from Asia and the USA are also likely.
A foreign actor wishing to establish itself in Sweden is subject to the Swedish model with its laws and regulations. In addition to this, good working conditions and a good working environment will be competitive factors to ensure access to skilled labor.
Establishing companies are responsible for building their factories themselves and managing tenders and construction contracts.
We refer both landlords and tenants to the digital platform Housing Portal, so they can meet there.
In places where other major developments have taken place, increased growth has contributed to a boost for local entrepreneurs. We believe this will be a positive journey for the region and its businesses and residents.
All people living in Sweden have a responsibility to comply with Swedish law.
The municipalities are working together to create an International House to make the transition to Swedish society smoother for immigrants from other countries: https://sundsvall.se/nyheter/nyhetsarkiv/2023-10-17-sundsvall-allt-narmare-ett-international-house
Our mission is to work for an establishment that creates at least 2,000 new direct jobs at the industrial park. We want the majority of these to be local. In places where other major establishments have taken place, many more jobs have been created in nearby industries, or in service industries, as a side effect. In general, one industrial job creates about 2-4 indirect jobs. This means that 2 000 new jobs at Torsboda could create as many as 8 000 new jobs in the region.
We refer both landlords and tenants to the digital platform Housing Portal, so they can meet there.
Industriell verksamhet är tillståndspliktig. De företag som etablerar sig på Torsboda Industrial Park ansvarar för att skaffa de tillstånd som krävs för deras verksamheter, inklusive miljötillstånd. Där regleras saker som utsläpp och buller till exempel.
Varje etablerare har ansvar att säkerställa och kontrollera att deras verksamhet inte innebär oacceptabla störningar för närboende som exempelvis buller, vibrationer eller eventuell påverkan på vattentäkter eller damning. Exploatörer har ansvar för planering och kontroll av arbetet de ska genomföra. Det gäller både under och efter byggtiden. Tillsynsmyndigheterna har sedan ansvar för att följa upp att den kontrollen är tillräcklig.
A key argument for battery production is the EU directive. By 2035, no new cars with carbon dioxide emissions may be sold. Here you can read what Professor Hans-Erik Nilsson answers to some questions about this.
Entrances and exits from the E4 are being built so that traffic in both directions can easily reach the industrial area. The work is being done together with the Swedish Transport Administration. We are first building a temporary traffic junction that will be used before the permanent traffic junction is completed.
Bostadspriserna kommer sannolikt att öka på grund av en ökad efterfrågan. I Sundsvall, Timrå och Härnösand byggs och planeras för nya bostäder.
We are in contact with the police, for example, and we also have the advantage of being able to see the effects of establishments in other places so that we can learn from them.
We also participate in the network "Avbrott Västernorrland", which was formed to counteract crime and maintain security in society. The municipalities of Sundsvall, Timrå and Härnösand, the police and the Västernorrland County Administrative Board are involved, for example to share ideas, knowledge and working methods with each other.
News text about Interruption Västernorrland.
Relocation is necessary for us to manage the supply of skills in both the private and public sectors in the future. We expect that establishments in Torsboda, in addition to direct job opportunities, will give ripples that mean growth for the Sundsvall region. In order to attract new residents, we need jobs and the conditions to live a good life here. A lot is connected, leisure opportunities, housing, cultural life and public services. Here, the whole community has a joint responsibility and work to do to make the investment successful.
In-migration will certainly present challenges, but in order to be able to maintain and develop healthcare, schools and other tax-funded activities, we need more residents of working age who pay taxes. Västernorrland has long had a population curve pointing downwards, and the proportion of older people in relation to younger people is also increasing. In-migration creates opportunities to develop healthcare, schools and other tax-funded activities.
The municipalities in the region are working on many social issues related to the Torsboda initiative. You can read more on their websites.
https://www.timra.se/kommunpolitik/etableringenitorsboda.4.39b2c113187108e64dd44d.html
https://harnosand.se/mittharnosand/harnosand-utvecklas/torsboda-industrial-park.html
Regional actors also work together with the municipalities in the Sundsvall region:
Joint work towards a stronger Västernorrland_200D↩
Municipalities create an International House: https://sundsvall.se/nyheter/nyhetsarkiv/2023-10-17-sundsvall-allt-narmare-ett-international-house
When a new customer, whether a private individual or a large industry, connects to the grid, they pay for the parts that need to be reinforced or expanded. Existing customers are not adversely affected by such connections.
