Nov 26 2004
Hydro Building Systems will reorganize some units in France and Spain to focus on core products and improve competitiveness. The restructuring will directly impact 210 employees, most of whom will be offered other positions or retained by future owners in units sold.
In 2002, Hydro Building Systems acquired the French company, Technal, with operations in several countries including France and Spain.
Technal is a key part of Hydro Building Systems, a global business with revenues of approximately EUR 640 million and 2,300 employees worldwide.
The so-called Product Business sector in Technal and certain other support functions, mainly in Toulouse, France, will now be restructured.
The activities of Product Business will focus on aluminium windows and doors from one production site in Toulouse.
Some 12 local workshops and a fabrication unit in Marseille will be closed. Product units supplying non-aluminium windows and shutters will be sold.
The support services in Toulouse will be adapted and simplified to ensure the future competitiveness of Hydro Building Systems France.
The restructuring will reduce the workforce by 140 in France and 70 in Spain.
A total of 90 jobs will be transferred along with ongoing operations in units sold. Hydro Building Systems France will also transfer 50 employees to other jobs inside the company.
Present talks with Technal customers may result in up to 40 Hydro employees being transferred to new positions outside Hydro.
Talks are ongoing with employee representatives to reach agreements that minimize social impact.
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