After bankruptcy in Den Norske Stansefabrikk (DNS) was declared, some of the employees who had been working in DNS decided to buy the bankrupt company, and Stansefabrikken AS was established.
At that time, 27 people were employed by the company, and all of the employees bought some shares. In addition, some external companies were invited to become shareholders in order to have a good financial base and a fair chance to expand and further develop. The bank DNB noticed the enthusiasm among the employees, and offered favourable conditions in order to give Stansefabrikken a good start. Since then, DNB became Stansefabrikken's bank associate.
The people who started Stanse fabrikken did not originally have the ambition to become a strong industrial company (group of companies), but nevertheless had a clear strategy how to become the best player in the market. Their motto was: "Those who are the best in the market will be the chosen supplier in a market with high compet itio n".
Stansefabrikken was profitable from Day One, and expanded each year, sometimes more than 40% per year. The premises were expanded two times: in 1988 and 1994.
After some years of operation the property and larger machinery was separated into a holding company, Stafa Industrier AS, which now is the mother company in Stansefabrikken group and owner of all subsidiaries.