Alfa Laval to close Tranter welded heat exchangers complex in Germany
1/22/2015 12:00:00 AM
Alfa Laval announced today that its Tranter brand will initiate structural changes to help it "secure long-term competitiveness" for its welded heat exchanger business in Europe.
The initiative is part of the savings program announced by Alfa Laval in October 2014.
Tranter, a group of companies within the Alfa Laval Group, intends to consolidate its European manufacturing footprint of welded heat exchangers to the existing manufacturing site in Schopfheim, Germany.
The intention is to close the site in Artern, Germany, by July 31, 2015. The change will affect about 70 employees.
“Tranter’s welded heat exchanger business is important and this consolidation is necessary to stay competitive in the longer-term,” said Lars Renström, CEO of the Alfa Laval Group.
Tranter says it will now actively work to minimize the negative impact for the affected employees.
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