MTECH Group was founded 1997 and is a privately held group of companies. The MTECH Group consist one holding company, MTECH Holding AB and three subsidiary operating Companies, MTECH Research Center AB, MTECH Europe AB and MTECH Inc. All companies in the MTECH Group except MTECH Inc have their base in Sweden. MTECH Inc has their base in the USA. Also a new subsidiary company, MTECH Nippon Co.,Ltd. is under development.
Lennart Alfredéen, inventor and founder of the MTECH group, developed during the 1980-ties a method for heat treatment by using magnetic field technology. The method was patented in 1991 and is suited for a number of industrial applications where heat treatment of metals is required. Since then MTECH has developed additional Patents along with major R&D work. MTECH is today more flexible and able to look into even more new Industrial areas with new applications to offer a complete new process solution of heat treatment.
MTECHs Business Idea is to develop and market products and systems for heating metal objects based on MTECHs patented technology. The products and systems shall be adapted following the demands of the market for heating within different Industry areas and trades.
The technology shall be marketed against end-users through licensees who will be given for specific applications and/or geographic areas. MTECHs vision is to become a global leader in providing a new heating technology for metals easy to implement in a range of different heating processes in many different Industry areas.