Main Quotes Calendar Forum
flag

FX.co ★ Albany: Heimbach Switzerland Plans To Discontinue Manufacturing Operations In Olten

back back next
typeContent_19130:::2024-11-15T13:14:00

Albany: Heimbach Switzerland Plans To Discontinue Manufacturing Operations In Olten

Heimbach Switzerland AG, a subsidiary of Albany International Corp. (AIN), has announced plans to consult with employee representatives concerning a proposal to cease manufacturing activities in Olten, Switzerland. The intention is to relocate production to other Heimbach GmbH facilities. This decision impacts 83 employees, who will be provided with severance packages and support for career transition.

If the plan receives approval, it will allow the Albany's Heimbach GmbH division to adjust its paper machine clothing production capacity to better match regional market demands. This proposed reduction will comply with applicable local legal requirements.

Share this article:
back back next
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...