Claes Ericsson was awarded the Polhem Prize for the development and marketing of the MAXIBOR. Presented to him by Birgit Emgren, general director of the Swedish Agency for Economic and Regional Growth.
The Polhem Prize (Polhemspriset) is a Swedish prize awarded by Swedish Association of Graduate Engineers (Sveriges Ingenjörer) (formerly Civilingenjörsförbundet and Svenska Teknologföreningen) for a high-level technological innovation or an ingenious solution to a technical problem. The innovation must be available and shown competitive on the open market. The prize is named after Christopher Polhem.