Feb 12, 2016. /Lesprom Network/. Siempelkamp will eliminate a total of
350 jobs in Germany in 2016 and 2017, company announced. With this move,
Siempelkamp is reacting to new competitive situations, and to the
weakening of originally strong markets such as Russia and Brazil. In
recent years, Siempelkamp has consistently been expanding its
manufacturing facilities internationally in the Czech Republic and
China. The global network of sales and service companies is also a
component of this internationalisation process. The new large-scale
manufacturing site in Qingdao, China, which went operational in October
2015, will in future be used much more intensively for producing
large-scale parts for press manufacturing. "We will produce where our
customers are," emphasised Dr Hans Fechner, Spokesperson of the
Executive Management at G. Siempelkamp GmbH & Co. KG, on 12 February
2016, at a press conference in Krefeld. "Furthermore, we will
significantly expand our production facility in Blatnice, Czech
Republic, in order to continue being able to produce at competitive
prices in future."With these actions, Siempelkamp will
consolidate and expand its market position and techno-logical leadership
in future, particularly in the wood-based panel and metal forming
industry, company said in a statement. This includes in particular the
expansion of business activities in the future market of China.In
addition to increasing the value of foreign production locations,
Siempelkamp will additionally be sustainably strengthening the German
location: at the Bad Kreuznach location, a modern logistics and service
centre is being created for supplying replacement parts globally to
Siempelkamp customers.
Siempelkamp headquarters in Krefeld, Germany
With this move, Siempelkamp is reacting to new competitive situations, and to the weakening of originally strong markets such as Russia and Brazil.