Structural adjustment at La Chaux-de-Fonds site

Structural adjustment at La Chaux-de-Fonds site

ID: 49019

(Thomson Reuters ONE) -
Komax Holding AG /
Structural adjustment at La Chaux-de-Fonds site
Processed and transmitted by Thomson Reuters.
The issuer is solely responsible for the content of this announcement.

In November, Komax Systems SA will adjust the structure at its La Chaux-de-Fonds
site in order to continue improving productivity and thus also further increase
its competitiveness against the background of persistently volatile markets.
Around 15 jobs will be affected by the planned reorganization. Accompanying
measures are planned to cushion the effects of job cuts for the employees
concerned.


Brief profile of the Komax Group
Komax is world leader in the wire processing market (crimp-to-crimp machines)
with market share of around 40 percent. In addition to this, Komax's product and
service portfolio ranges from wire cutting 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 producing
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 extend its global
leadership in stringing to the other areas of its product portfolio.

In the medical technology sector, Komax's products include machine systems for
manufacturing inhalers and insulin delivery or injection systems. In this field,
too, Komax is among the world's leading suppliers.

The Komax Group operates production facilities in Switzerland, France, the
United States, Malaysia and China. Finally, Komax offers professional service
back-up in over 50 countries. As at 31 December 2009, Komax employed a workforce




of around 1,000 people worldwide.



Contact persons



Enquiries from local media:

Komax Systems LCF SA Tel. +41 32 924 72 02

Serge Peguiron Fax. +41 32 924 71 35

Vice President Medtech business unit - Komax Group serge.peguiron(at)komaxgroup.com



Other enquiries:

Komax Holding AG Tel. +41 41 455 06 16

Marco Knuchel Fax +41 41 450 10 24

Head Investor Relations & Corporate Communications marco.knuchel(at)komaxgroup.com

www.komaxgroup.com





The media release can be downloaded from the following link:


[HUG#1464670]



--- End of Message ---

Komax Holding AG
Industriestrasse 6 Dierikon-LU Switzerland

WKN: 1070215 ;ISIN: CH0010702154;

Media release (PDF):
http://hugin.info/100418/R/1464670/403070.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters 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: Komax Holding AG via Thomson Reuters ONE


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Bereitgestellt von Benutzer: hugin
Datum: 23.11.2010 - 09:00 Uhr
Sprache: Deutsch
News-ID 49019
Anzahl Zeichen: 3692

contact information:
Town:

Dierikon-LU



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 176 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Structural adjustment at La Chaux-de-Fonds site"
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Komax Holding AG (Nachricht senden)

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