“The Hai Phong manufacturing unit has performed well. However, to staycompetitive we have decided to consolidate our footprint in Asia. This will leadto a better cost structure”, says Lars Renström, President and CEO of the AlfaLaval Group. “The timing for the change is triggered by the drop in demand forboilers.”
The cost of the closing of the manufacturing in Vietnam has been provided forand no further costs are expected.
Did you know that… in the end of 2012 the Alfa Laval Group had 32 majormanufacturing units; 15 in Europe, 9 in Asia, 6 in the US and 2 in LatinAmerica?
About Alfa Laval
Alfa Laval is a leading global provider of specialized products and engineeringsolutions based on its key technologies of heat transfer, separation and fluidhandling.
The company’s equipment, systems and services are dedicated to assistingcustomers in optimizing the performance of their processes. The solutions helpthem to heat, cool, separate and transport products in industries that producefood and beverages, chemicals and petrochemicals, pharmaceuticals, starch, sugarand ethanol.
Alfa Laval’s products are also used in power plants, aboard ships, in themechanical engineering industry, in the mining industry and for wastewatertreatment, as well as for comfort climate and refrigeration applications.
Alfa Laval’s worldwide organization works closely with customers in nearly 100countries to help them stay ahead in the global arena.
Alfa Laval is listed on Nasdaq OMX, and, in 2012, posted annual sales of aboutSEK 29.8 billion (approx. EUR 3.5 billion). The company has today about 16 400employees.