OilQuickUSA, an Exodus Global company, and OilQuick AB, the manufacturer of the OilQuick Automatic Quick Coupler System, have announced a joint venture to manufacture automatic coupling systems in the U.S. The new company will be named OilQuick Americas, LLC “OQA” and will service both the North and South American markets.
OQA is investing millions of dollars in state-of-the-art manufacturing machinery at its Superior, Wisconsin location. This joint venture greatly increases our manufacturing capacity to meet the exponential growth in demand.
“Having worked with Ake and Henrik Sonerud for six years now made the decision to form a JV with them easy. Their approach to business, commitment to quality, and respect they show their employees and customers dovetails perfectly with Exodus Global,” states Kevin Boreen, CEO of Exodus Global, LLC.
Boreen continued, “The market for Automatic Quick Couplers in North America is gaining momentum daily. This investment gives OQA the unique ability to service our customers with domestic manufacturing. With over 36,500 coupler systems installed worldwide, no competitor even comes close to the reliability of the OilQuick Coupler.”
Henrik Sonerud, CEO of OilQuickAB states, “The team at Exodus Global is a perfect match for us, having the very same view of business, quality, and support for our customers. We are very happy to start this new journey with them.”
Sonerud continued, “This is also a necessary step for us in our global expansion, by doing this, we release capacity for our growth in Europe and Asia, but even more importantly severely improve support to our customers in North America by shortening the delivery times and increasing the flexibility.”
OilQuick Americas began transacting business on January 1st, 2022, and full production of the OilQuick Automatic Quick Coupler System will commence later in 2022.