Bundling resources in Solar
(Thomson Reuters ONE) -
Komax Holding AG / Bundling resources in Solar processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.
With a view to bundling resources, Komax will in the medium-term be integrating
its thin-film activities into its new plant in York, USA. Up to 45 jobs will be
cut in the coming months at the plant in Rotkreuz, Switzerland. Business is
continuing to develop very well in the crystalline segment, which accounts for
around 85 percent of Komax's solar business.
The Komax Group is transferring its thin-film business from Rotkreuz to York,
USA, where the Group established a new solar plant in 2009. This means that up
to 45 jobs will be cut in the coming months at the plant in Rotkreuz,
Switzerland. In taking this step, the Group is responding to the continuing
decline in the thin-film solar market and is integrating this activity into its
York site.
In contrast to the thin-film segment, the crystalline business, which accounts
for some 85 percent of Komax's solar sales, has performed very well. In this
area, Komax is benefitting from its strong market position and from major orders
from Asia.
Brief profile of the Komax Group: global leader in wire-processing, strong focus
on photovoltaics and medical technology
Komax is the world leader in the wire-processing market (crimp-to-crimp
machines), with a market share of around 40 percent. In addition, the Komax
portfolio of products and services ranges from wirecutting and -stripping
machines all the way to systems for the fully-automated manufacture of complete
wire harnesses.
In the solar field, Komax is a worldwide supplier of machines for the production
of crystalline and thin-film modules. Continuous innovation has enabled Komax to
expand its product portfolio significantly in recent years. Today, the company
covers the entire spectrum, from individual processes such as stringing through
to integration of entire production lines. Its aim is to expand its global
leadership in stringing to the other areas of its product portfolio.
In the medical technology sector, Komax produces, for example, machine systems
for manufacturing inhalers and insulin delivery or injection systems. In this
field too, Komax is among the world's leading suppliers.
Contact:
Komax Holding AG Tel +41 41 455 06 16
Dominik Slappnig Fax +41 41 450 10 24
Head of Investor Relations & Corporate dominik.slappnig(at)komaxgroup.com
Communications
www.komaxgroup.com
The media release can be downloaded from the following link:
[HUG#1427130]
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Komax Holding AG
Industriestrasse 6 Dierikon-LU Switzerland
WKN: 1070215 ;ISIN: CH0010702154;
Media release (PDF): http://hugin.info/100418/R/1427130/374788.pdf
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Source: Komax Holding AG via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 25.06.2010 - 07:15 Uhr
Sprache: Deutsch
News-ID 23004
Anzahl Zeichen: 0
contact information:
Town:
Dierikon-LU
Kategorie:
Business News
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"Bundling resources in Solar"
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