Ahlstrom's employee negotiations completed in Kauttua
(Thomson Reuters ONE) -
Ahlstrom Corporation PRESS RELEASE December 19, 2014 at 9.25
Ahlstrom's employee negotiations completed in Kauttua
Ahlstrom, a high performance fiber-based materials company, announces that it
has completed the co-operation negotiations with employee representatives at its
Kauttua production line in Finland. The conclusion of the negotiations is to
close down the production line in Kauttua during the second quarter of 2015.
The Kauttua plant manufactures base paper for masking tape. As there is
significant overcapacity globally in the masking tape markets, especially in
Europe, Ahlstrom has sought ways to improve the efficiency of its masking tape
business. Ahlstrom manufactures base paper for masking tape also in Pont-
Audemer, France and Longkou, China. The consolidation of the company's masking
tape production is part of the earlier announced rightsizing program.
The Kauttua production line is part of Ahlstrom's Food business area and it
employs 21 people, whose employment will be terminated as the line will be
closed down. The company will make every effort to support the employees
affected.
For more information, please contact:
Liisa Nyyssönen
VP, Communications
Tel. +358 10 888 4757
Ahlstrom in brief
Ahlstrom is a high performance fiber-based materials company, partnering with
leading businesses around the world to help them stay ahead. We aim to grow with
a product offering for clean and healthy environment. Our materials are used in
everyday applications such as filters, medical fabrics, life science and
diagnostics, wallcoverings and food packaging. In 2013, Ahlstrom's net sales
from the continuing operations amounted to EUR 1 billion. Our 3,500 employees
serve customers in 24 countries. Ahlstrom's share is quoted on the NASDAQ OMX
Helsinki. More information available at www.ahlstrom.com.
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ahlstrom Oyj via GlobeNewswire
[HUG#1881950]
Unternehmensinformation / Kurzprofil:
Datum: 19.12.2014 - 08:25 Uhr
Sprache: Deutsch
News-ID 360758
Anzahl Zeichen: 2593
contact information:
Town:
Helsinki
Kategorie:
Business News
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