The transfer, announced earlier this year, involves about staff working in the R&D, technology, sales, sourcing, logistics and assembling departments. Ljungby will continue to house the service operations, finance and accounting, according to Kalmar’s parent Cargotec.
Cargotec estimates that the relocation, which will cost around €4m (US$5.7m), will result in annual savings of €2m (US$2.9m). A further €3m (US$4.3m) will be invested in the Lidhult facility to accommodate the new departments. The transfer cost is part of the €35m (US$50m) the company is investing in its restructuring operations aimed at adapting to the current market conditions and in developing work efficiency.
Cargotec also plans to consolidate the Hiab and Kalmar sales and service network in the European, Middle Eastern and African region.
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