Last week, Tenneco Inc. (IW 1000/565) announced that it will close its emission control plant in Vittaryd.
The decision was in response to weak market conditions throughout the European region, which has negatively impacted the company’s aftermarket emissions control sales.
“Declining market conditions require that we consolidate our aftermarket emission control capacity in Europe, which will better align our production with the market and help strengthen our long-term competitiveness,” said Hari Nair, chief operating officer, Tenneco.
The company currently employs about 122 workers.
Tenneco expects to complete the closure in the third quarter of 2013 and production will move to other Tenneco emission control operations in Laval, France; Edenkoben, Germany; Valencia, Spain and Rybnik, Poland, beginning later this year.
Tenneco anticipates annual savings of $4 million beginning in late 2013 as a result of the plant closure.
Tenneco, which is one of the world’s largest designers, manufacturers and marketers of emission control and ride control products and systems for the automotive and commercial vehicle original equipment markets and the aftermarket employs 24,000 globally and has sales of $7.2 billion.