UPONOR
Closing of two production sites / Job cutbacks fewer than anticipated
Finnish piping systems specialist Uponor (Vantaa; www.uponor.com) has now given more form to its restructuring designs, specifically in terms of the measures to be taken locally. Following the conclusion of employee discussions in early November, the company has announced it will be closing production sites in Ulvila and Forssa. It now looks as if the planned number of layoffs – see Plasteurope.com of 25.09.2013 – will be fewer than previously anticipated. Of the current 740 positions in Finland, the company now says it will only need to cut 111 jobs instead of 140. In addition, previous announcements of additional measures involving temporary layoffs are also no longer on the table.

The production sites in Ulvila and Forssa belong to new company entity Uponor Infra, which was created out of the JV activities with fellow Finn KWH (Vasaa; www.kwhpipe.com) – see Plasteurope.com of 04.07.2013. The production capacity from the coastal town of Ulvila, which currently has 65 employees, is to be moved 256 kms inland to Nastola; Forssa's production – currently achieved with 26 employees – is to be relocated to Vasaa, 320 kms away to the south. The two moves translate to the creation of 30 jobs at the Nastola and Vasaa locations. The company has said its priority is to offer the new positions to individuals affected by the closings at the other production sites. In addition to the elimination of manufacturing positions, Uponor is also cuttings jobs in sales, marketing, product management and supply chain.

The restructuring activities are to be concluded by the end of the first quarter in 2014. Subsidiaries Uponor Infra and Uponor Suomi also operate two smaller production sites in Jyväskylä and Tuusula. Uponor management estimates the measures will negatively impact its operating results in the year's Q4 by about EU 5m.
13.11.2013 Plasteurope.com [226808-0]
Published on 13.11.2013
Uponor: Rohrhersteller schließt zwei finnische WerkeGerman version of this article...

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 16.12.2024 23:47:31   (Ref: 11090247)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp