Vehicle Systems Maker Plans to Close N.C. Plant

Jan. 19, 2010
Haldex, a Stockholm-based vehicle systems manufacturer, said it plans to consolidate operations at two of its U.S. facilities, resulting in the closing of its Statesville, N.C., facility.

The Haldex plant in Statesville, N.C., will be closed after the company transfers the plant's manufacturing operations to the Haldex facility in Rockford, Ill., according to the company. Both plants are part of the company's Hydraulics Division.

"Following the merger and investments, the plant in Rockford will be a state-of-the-art operation with world-class processes in line with the lean manufacturing principles for production, development, quality, logistics and customer support," the company said.

The consolidation "will be implemented in mid-2010," the company said. A number of employees in Statesville will be given the opportunity to relocate to Rockford, according to Haldex.

"The merger is logical because the plants manufacture similar products," said Joakim Olsson, president and CEO of Haldex.

"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."

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

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