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FISKARS 1649 – 360 years of Finnish industrial history

FISKARS 1649 – 360 years of Finnish industrial history

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Fiskars <strong>1649</strong><br />

The finishing touches to Orijärvi puukko knives were always made by hand.<br />

On the right: Iron-casting in progress at Fiskars’ Åminnefors works. The company’s original business interests, steel production,<br />

were sold in the 1960s to Ovako as part <strong>of</strong> a restructuring.<br />

passed in 1917, and an act on compulsory education<br />

followed in 1921.<br />

The time following the First World War was<br />

a period <strong>of</strong> vigorous expansion and modernization<br />

for Fiskars. Productivity was improved by<br />

developing better steel refining methods and by<br />

renovating the Åminnefors rolling mill. The<br />

product range was expanded, and Finland’s first<br />

metal spring factory was established. The company<br />

bought the Inha ironworks in Ähtäri, a majority<br />

holding in Salon Sähkö- ja Konetehdas Oy,<br />

Billnäs Bruks Ab, Oy Ferraria Ab with its plants in<br />

Jokioinen and Loimaa and in Pero on the Karelian<br />

Isthmus, and Finska Bult- och Spikfabrik Ab. The<br />

1929 stock exchange crash had an impact on the<br />

<strong>Finnish</strong> economy which lasted till the mid-1930s.<br />

The Depression put a stop to Fiskars’ growing<br />

investments. A new upward trend began thereafter,<br />

although this was interrupted by the Second World<br />

War, postponing the planned transformation <strong>of</strong><br />

the small-scale corporate structure into something<br />

better suited to mass production until the postwar<br />

period.<br />

40

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