ROCKFORD, Ill. — Haldex is consolidating the manufacturing of hydraulics parts at one US plant.
The company says it will be merging two hydraulics division production units into one plant in Rockford, Ill. A plant in Statesville, N.C. will be closed following the consolidation, with a number of employees given the opportunity to work at the Rockford plant.
Following the consolidation, Haldex says its Rockford plant will be a state-of-the-art operation with world-class processes and lean manufacturing principles. The company expects to implement the changes by mid-2010.
“The merger is logical because the plants manufacture similar products. This measure will enable us to take another step towards an optimized and cost-efficient Group structure, enabling us to focus on areas where we can achieve a sustainable market position with innovative and leading products,” said Joakim Olsson, president and CEO of Haldex.
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