The action was included in the estimates announced in the Q2 and Q3 2009 interim reports 2009 which announced the aim of achieving an annual cost saving target of Euro100m in 2010 compared to 2008 with an estimated Euro17m-22m restructuring costs to be booked during 2009.
The Birmingham facility is a fabrication and assembly plant, producing industrial cranes for deliveries mainly into the southern areas of the US. Current and future customer orders will be serviced by other Konecranes US facilities.
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