Industryweek 6454 Philip Morris International 1pngcropdisplay
Industryweek 6454 Philip Morris International 1pngcropdisplay
Industryweek 6454 Philip Morris International 1pngcropdisplay
Industryweek 6454 Philip Morris International 1pngcropdisplay
Industryweek 6454 Philip Morris International 1pngcropdisplay

Philip Morris to Close Dutch Factory

April 4, 2014
Blaming a ‘severe’ decline in sales, the plant closing will cost 1,200 jobs.

THE HAGUE -- Philip Morris (IW 1000/50) said on Friday it wants to close its factory in the Netherlands later this year at the cost of 1,230 jobs, blaming a "severe decline" in sales.

"Today's very difficult announcement has been subject to deep reflections and thorough evaluation of all available options," Philip Morris said.

The statement referred to the proposed closure of the factory at Bergen op Zoom, its biggest in terms of production capacity.

The company, which makes Marlboro cigarettes, said its sales had dropped by 20% in the last four years, blaming the financial crisis, people smoking cheaper products such as rolling tobacco and cigarette smuggling.

Most cigarettes made at Bergen op Zoom are made for export to European and Japanese markets, the company said on its website.

Earlier this week the company announced it was closing its only Australian manufacturing plant with the loss of 180 jobs, blaming regulations for limiting its export opportunities.

Copyright Agence France-Presse, 2014

Popular Sponsored Recommendations

Design for Manufacturing Examples: Real-Life Engineering Case Studies

May 18, 2022
A substantial majority of a part’s cost (70% or more) is effectively locked in once a design is finalized. How can a design engineer truly predict the most important cost drivers...

Customer-centric Discovery Experiences Reduce Sales and Content Management Costs by 15%

Sept. 11, 2023
In this article, research and analysis is provided on the results of developing product discovery experiences in the B2B sales process. In addition, it provides details on how...

What Is Design to Cost? An Overview with Examples

May 18, 2022
For manufacturers, cost-cutting is an ever-present goal: achieving lower costs while retaining the desired functionality means higher profit margins, more market share, and happier...

Modeling and Simulation Technologies are Accelerating Digital Transformation

Nov. 4, 2022
This report covers how the industrial machinery industry is embracing modeling and simulation to create better processes and products, all while lowering costs and time to market...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!