BUMAX reduces prices for fasteners used for ventilators

In an effort to help overcome the Covid-19 pandemic, leading Swedish manufacturer of high strength stainless steel fasteners BUMAX has decided to offer its premium fasteners used for ventilators at-cost to all medical equipment manufacturers.

BUMAX has offered to provide companies that are producing much-needed ventilators with at-cost premium fasteners for their devices – as well as doing its best to maintain supply for all customers.

All around the globe, healthcare providers are using ventilators to treat the growing number of Covid-19 patients. Ventilators are essential in keeping people alive by helping to oxygenate their bloodstream. However, many hospitals don’t have enough ventilators and BUMAX has offered to support the production of ventilators by providing at-cost fasteners.

“We have already offered at-cost fasteners to companies manufacturing ‘basic’ breathing machines that can be rapidly produced on a large scale to cope with demand and save lives,” said Patrik Lundström Törnquist, Managing Director at BUMAX. “This is an open offer to all companies around the world who are developing and producing ventilators and other critical medical equipment to deal with Covid-19 – so please contact me to find out more.”

Manufacturers of medical components, including for ventilators, typically opt for BUMAX fasteners as they offer higher strength and consistency. “Our products reduce the risk of device failure – which can be critical in medical applications,” said Törnquist.

Maintaining the supply chain

Premium fasteners play an important role in a wide range of critical applications all around the world. BUMAX is working to maintain the supply of its fasteners to ensure Covid-19 has minimal disruption on the global supply chain.

“We already maintain a large stock of our products that are ready for shipping – including both standard BUMAX products and some custom products,” explained Törnquist. “We have also set up our production teams in Sweden to minimize the direct impacts of Covid-19 on our production.”

In a related development, BUMAX has also just launched a new “shopping cart” and ordering function on the company’s website, https://www.bumax-fasteners.com/products/. This will further facilitate order placements and swift deliveries.

About BUMAX:

BUMAX is the world-leading specialist manufacturer of premium stainless steel fasteners in a variety of steel grades that provide optimal safety and reliability in the most demanding customer applications. Customers include CERN, ABB, Alfa Laval, Alstom, Vestas, Rolls Royce and many more in industries such as marine, automotive, oil and gas, chemical processing, energy, defense, pulp and paper, construction and general engineering. BUMAX is headquartered in Åshammar in Sweden’s steel district and has a global footprint with offices or distributors in more than 30 countries on four continents. BUMAX is fully owned by the listed Swedish Bufab Group. Find out more at https://www.bumax-fasteners.com/.

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