Ahlstrom plans to continue production adjustments at its Karhula plant in Finland

Ahlstrom plans to continue production adjustments at its Karhula
plant in Finland

ID: 5768

(Thomson Reuters ONE) - Ahlstrom Corporation PRESS RELEASE 14.9.2009Ahlstrom has today issued a proposal to start cooperation procedureat its plant in Karhula, Finland. The negotiations starting onTuesday, September 22, 2009 will concern the whole personnel of theplant. The adjustments are estimated to result in a reduction ofapproximately 100 positions and the continuation of temporary layoffsat the Karhula plant. The actions are targeted to adapt theproduction volumes of specialty reinforcements and glassfiber tissueto match the demand.The cost savings, reorganization of operations and productionadjustments are estimated to result in a reduction of approximately70 blue-collar and approximately 30 white-collar employees.Additionally the company negotiates about temporary layoffs forapproximately 80 employees. The company management is alsoconsidering outsourcing the plant's warehouse and maintenancefunctions.Ahlstrom's plant in Karhula, Finland, is part of the company's Glass& Industrial Nonwovens business area. The plant employs approximately360 employees, of which 260 are blue-collar and 100 are white-collaremployees.Ahlstrom has adjustment actions under way globally. These actions aretargeted to adapt production volumes to match the demand and reviewthe company's cost structure.Further information:Pekka Helynranta, Managing Director, Ahlstrom's Karhula plantTel. +358 (0)10 888 2606Distribution:Main mediawww.ahlstrom.comAhlstrom in briefAhlstrom is a global leader in the development, manufacture andmarketing of high performance nonwovens and specialty papers.Ahlstrom's products are used in a large variety of everydayapplications, such as filters, wipes, flooring, labels, and tapes.Based upon its unique fiber expertise and innovative approach, thecompany has a strong market position in several business areas inwhich it operates. Ahlstrom's 6,000 employees serve customers viasales offices and production facilities in more than 20 countries onsix continents. In 2008, Ahlstrom's net sales amounted to EUR 1.8billion. Ahlstrom's share is quoted on the NASDAQ OMX Helsinki. Thecompany website is at www.ahlstrom.com.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 14.09.2009 - 10:00 Uhr
Sprache: Deutsch
News-ID 5768
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