Pfleiderer intends to sustainably improve the competitiveness of its German production sites. To this effect, Pfleiderer AG's Executive Board has agreed on an investment package for the Business Center Western Europe (BC West).
The planned measures concentrate on the production sites at Arnsberg, Leutkirch, Nidda and Gschwend. Entitled "Future BC West", the spending concept involves substantial unscheduled investments of around 31 million euros in the period 2007 through 2009.
Plans for the Arnsberg site, where the Business Unit Duropal produces HPL/CPL laminates, worktops and HPL elements, are currently at an advanced stage. Talks between Management and the works council have already been held on the main aspects of the concept. Negotiations with employee representatives are due to start at Arnsberg at the beginning of April. Management wants to invest 10.5 million euros in a new continuous laminate press, as well as in additional measures which will improve and automate the workflow. These rationalization measures will involve the loss of around 130 jobs by the end of 2008.
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