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Belimo: Short-time working in production facility in Hinwil.
(From Hugin)
Corporate news announcement processed and transmitted by Hugin AS.
The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------
The Belimo Group will introduce short-time working in part of the production facility at BELIMO Automation AG in Hinwil on May 1, 2009.
The measure has been prompted by changes in the order situation relating to specific products and customer segments and will affect around half of the production workforce in Hinwil, with a 20% reduction in working hours.
Other Group divisions, in particular the production facility at the assembly plant in the US, will not be affected by the short-time working.
The Belimo Group is a leading global manufacturer of innovative electrical actuator solutions for heating, ventilation and ...
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