Ahlstrom plans production adjustments at its Altenkirchen plant in Germany
Ahlstrom Corporation PRESS RELEASE 6.10.2009
Ahlstrom Corporation, leading supplier of nonwovens and specialty papers, has today issued a proposal to start a cooperation procedure at its Altenkirchen plant in Germany. The negotiations starting on Tuesday October 6th concern the whole personnel of the plant. The adjustments are estimated to result in a reduction of approximately 65 positions impacting both blue-collar and white-collar employees. The already started efforts and the possible reduction of employees are targeted to adapt the production volumes of specialty materials for automotive, building and industrial applications to match the demand.
Ahlstrom's plant in Altenkirchen is part of the company's Technical Papers business area. The main production of this site consists of sealing and shielding materials as well as base paper for calender bowls. The plant employs approximately 160 employees, of which 117 are blue-collar and 43 are white-collar employees.
These actions are part of the Group restructuring program announced in April 2009 to adjust its operations to the current business environment and review the company's cost structure.
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Ahlstrom in brief
Ahlstrom is a global leader in the development, manufacture and marketing of high performance nonwovens and specialty papers. Ahlstrom's products are used in a large variety of everyday applications, such as filters, wipes, flooring, labels, and tapes. Based upon its unique fiber expertise and innovative approach, the company has a strong market position in several business areas in which it operates. Ahlstrom's 6,000 employees serve customers via sales offices and production facilities in more than 20 countries on six continents. In 2008, Ahlstrom's net sales amounted to EUR 1.8 billion. Ahlstrom's share is quoted on the NASDAQ OMX Helsinki. The company website is at www.ahlstrom.com.