Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Electrolux to Close l'Assomption Plant, Cut Staff in Europe
Dec 15, 2010
 Printable format
 Email this Article
 Search

Electrolux will close its cooking appliances plant in l'Assomption, Quebec, Canada, in 2013, and will cut about 800 employees in Europe in 2011 and 2012.

There are about 1300 employees in l'Assomption. Electrolux said l'Assomption's production will be will be transferred elsewhere, beginning in mid-2012 and will close in the fourth quarter of 2013. But the appliance company did not say where the production will move to. That will be announced shortly, Electrolux said.

In Europe, no factory closings are planned as part of the workforce reduction. Electrolux said the changes will be implemented gradually and finalized in the fourth quarter of 2012.

Electrolux said its restructuring program, initiated in 2004, is expected to be completed in 2011. The total cost of the program will be approximately SEK 8.5 billion (approx. US$1.25 billion), and the program is expected to generate annual cost savings of SEK 3.4 billion (approx. US$0.5 billion) with full effect by 2013.

Back to Daily News

 

Daily News

...........................................................

Sep 19, 2014: Builder confidence at highest level since Nov. 2005

Sep 19, 2014: Builders Show, Kitchen/Bath Show, and 3 other events converge for 2015 Design & Construction Week

Sep 19, 2014: GE Appliances supporting Susan G. Komen

Sep 18, 2014: AHRI at White House unveils $5 billion refrigerant R&D plan

Sep 18, 2014: Solar microinverter market could break $1 billion by 2018

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows