Kanthal, the largest of six divisions in the Kantha -Hoganas group of Sweden, washeadquartered in Hallstahammar The companys history can be traced back to an ironworks founded in the 17th century to exploit the waterpower available from the stream running through the town. Kanthal had about 10,000 customers and 15,000 items that it produced. Sales during 1985 through 1987 had been level at about SEK 850 million. Export sales, outside of Sweden, accounted for 95% of the total. Summary statistics for the past two years appear in 1986 1987

invoiced sales 839 849

profit after financial items 87 107

return of capital 20% 21%

number of employees 1606 1591

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