Home / Knowledge / News / Textiles / Oerlikon Schlafhorst consolidates German production plants
Oerlikon Schlafhorst consolidates German production plants
10
Oct '08
The Business Unit Oerlikon Schlafhorst has reorganised its three locations, Mönchengladbach, Übach-Palenberg and Ebersbach, within the scope of the current restructuring program "Simplify Oerlikon Textile".

The entire production of the three locations will be concentrated in Übach-Palenberg. Mönchengladbach will focus on marketing functions, Ebersbach will retain its central research and development tasks.

Due to the ongoing weak market situation, the implementation of the restructuring program has been further accelerated. This realignment of the three locations of Oerlikon Schlafhorst in Germany will affect 240 jobs by 2010. This is part of the already announced capacity adjustment of 1000 jobs, of which 600 will be effected by the end of this year.

It is therefore certain, that the announced segment goal of reducing the break-even point by CHF 300 million by the beginning of 2010 will be reached.

"The consolidation of the production plants and re-focusing the locations will clearly increase the efficiency and flexibility within the business segment", says Dr. Carsten Voigtländer, CEO of the segment Oerlikon Textile.

"The package of measures now being executed is an important step in bringing Oerlikon's textile business back into the profit zone," commented Dr. Uwe Krüger, CEO of the Oerlikon Group.

Background
Despite the successful previous year and in anticipation of the economic slump, Oerlikon Textile had already initiated the global project "Simplify Oerlikon Textile". This restructuring program consists of the following elements:

• Reduction of the product range and implementation of a consistent platform strategy.
• Reduction of fixed costs by 20 per cent compared to 2007.
• Reduction of the number of staff in Europe by about 1000 employees.
• Halving the number of production locations worldwide.
• Development of the Chinese location in Suzhou.
• Targeted investments in R&D plus production modernisation.

With these measures, Oerlikon Textile is positioning itself for the downturn which is expected to continue until the beginning of 2010 and is at the same time creating the prerequisites for entering the next positive market cycle in a strengthened position.

Oerlikon Textile GmbH & Co


Must ReadView All

Courtesy: American Silk Mills

Textiles | On 18th Oct 2017

Sutlej Textiles adds American Silk Mills to its portfolio

Sutlej Textiles and Industries Ltd (STIL) has announced the...

Arvind Limited executive directors Punit Lalbhai (left) and Kulin Lalbhai explaining the project to Gujarat chief minister Vijay Rupani. Courtesy: Arvind Ltd

Apparel/Garments | On 18th Oct 2017

Arvind to set up mega apparel facility in Gujarat

Arvind Limited, one of India’s largest textile to retail...

Cotton stocks accumulating everywhere outside of China

Textiles | On 18th Oct 2017

Cotton stocks accumulating everywhere outside of China

Global cotton stocks outside of China are expected to rise by nearly...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.6%
No
13.4%
Skip
9.0%

Total Votes: 67

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.2%
No
28.4%
Skip
10.4%

Total Votes: 67

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.1%
No
10.4%
Skip
4.5%

Total Votes: 67

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.6%
No
11.9%
Skip
13.4%

Total Votes: 67


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search