Twin Disc expands Finland plant. Twin Disc stock is valued at USD 378.7 million
Published on 10/15/2026 at 13:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSExpansion and earnings context
- Katsa announced a 54,000-square-foot Finland facility on October 14, 2026.
- Fiscal year 2026 sales rose 11.90 percent to USD 381.3 million.
- Twin Disc stock traded at EUR 23.10 at 1:33 p.m. CEST at Lang & Schwarz on October 15, 2026.
Twin Disc (ISIN US9014761012) was trading at EUR 23.10 at Lang & Schwarz on October 15, 2026 at 1:33 p.m. CEST. The company announced on October 14, 2026 that its Katsa subsidiary will build a 54,000-square-foot gearbox assembly facility in Pirkkala, Finland, according to GlobeNewswire.
Facility targets gearbox demand
The Pirkkala project will combine gearbox assembly, testing and painting under one roof. Twin Disc said demand at Katsa has increased by a double-digit percentage year over year, while the plant is expected to be fully operational by May 2027.
The company plans to add 40 employees across its Finnish manufacturing operations and move 25 experienced workers to Pirkkala. By June 2027, Katsa expects its total workforce to reach approximately 250 employees, according to GlobeNewswire.
What do the earnings add?
Twin Disc's latest reported results provide the financial baseline. In fiscal year 2026, sales increased 11.90 percent year over year to USD 381.3 million, while net income attributable to Twin Disc reached USD 27.1 million, according to the company's investor-relations release carried by Twin Disc. The figures show why capacity expansion is material: the new facility is being presented alongside a reported increase in demand rather than as a standalone property project.
Three dated company steps
On August 7, 2026, Twin Disc raised its quarterly cash dividend by 25 percent to USD 0.05 per share, according to Twin Disc. On August 20, 2026, it reported fiscal year 2026 sales of USD 381.3 million. On October 14, 2026, Katsa announced the 54,000-square-foot Pirkkala facility, according to GlobeNewswire.
Upcoming operating milestones
The Pirkkala facility is scheduled to be fully operational by May 2027. Katsa also expects to have approximately 250 employees by June 2027, giving investors two concrete dates for tracking the expansion.
Stock trades during the session
On Nasdaq, Twin Disc was last at USD 26.05 on October 14, 2026 at 4:00 p.m. ET. The further course of trading is shown by the continuously updated real-time quote of Twin Disc stock.
Twin Disc stock facts
- Company: Twin Disc, Incorporated
- ISIN: US9014761012
- Ticker: TWIN
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 15, 2026, 1:33 p.m. CEST): EUR 23.10
- Market capitalization: USD 378.7 million (as of October 14, 2026)
- Sector / Industry: Industrials / power transmission and propulsion equipment
Market context: Market report S&P 500.
