Finnish forest-based bio-industry company UPM has decided to permanently close its Kaltenkirchen factory in Germany, said the UPM in a press release on Wednesday.
The closure will be implemented in stages during 2025 and a total of 154 positions will be affected.
The label material production of UPM Raflatac will be transferred to its factories in Poland and Finland.
The production of graphics solutions will be transferred to UPM Raflatac’s factory in Belgium during 2025.
The production of graphics solutions will continue in Kaltenkirchen until the transfer of the upgraded coating line is completed.
“The aim of these changes is to accelerate our growth in the Films and Graphics business by improving the overall profitability of our operations and maximizing synergies. By centralizing the production to more cost competitive factories, we will also improve the cost efficiency and quality of our products and will be able provide better service to our customers,” said Tim Kirchen, Executive Vice President, UPM Raflatac.
- UPM
- Closes
- Factory
- Germany
Source: www.dailyfinland.fi
