Alfa Laval (STO:ALFA) – a world leader in heat transfer, centrifugal
separation and fluid handling – has decided to consolidate its
manufacturing of boilers in Asia into one cost effective unit in
Qingdao, China. The manufacturing in Hai Phong, Vietnam, with 170
employees will be closed during the second quarter of 2013.
Alfa Laval acquired Aalborg Industries in May 2011 and the acquisition
also included two manufacturing units for boilers in Asia; Qingdao,
China and Hai Phong, Vietnam.
“The Hai Phong manufacturing unit has performed well. However, to stay
competitive we have decided to consolidate our footprint in Asia. This
will lead to a better cost structure”, says Lars Renström, President and
CEO of the Alfa Laval Group. “The timing for the change is triggered by
the drop in demand for boilers.”
The cost of the closing of the manufacturing in Vietnam has been
provided for and no further costs are expected.
Did you know that… in the end of 2012 the Alfa Laval Group had 32 major
manufacturing units; 15 in Europe, 9 in Asia, 6 in the US and 2 in Latin
About Alfa Laval
Alfa Laval is a leading global provider of specialized products and
engineering solutions based on its key technologies of heat transfer,
separation and fluid handling.
The company’s equipment, systems and services are dedicated to assisting
customers in optimizing the performance of their processes. The
solutions help them to heat, cool, separate and transport products in
industries that produce food and beverages, chemicals and
petrochemicals, pharmaceuticals, starch, sugar and ethanol.
Alfa Laval’s products are also used in power plants, aboard ships, in
the mechanical engineering industry, in the mining industry and for
wastewater treatment, as well as for comfort climate and refrigeration
Alfa Laval’s worldwide organization works closely with customers in
nearly 100 countries to help them stay ahead in the global arena.
Alfa Laval is listed on Nasdaq OMX, and, in 2012, posted annual sales of
about SEK 29.8 billion (approx. EUR 3.5 billion). The company has today
about 16 400 employees.
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