Recticel to restructure automotive interior operations
January 23, 2013 - Germany
Recticel Automobilsysteme GmbH, a fully owned subsidiary of the Recticel Group, announced its intention to restructure its production operations in Rheinbreitbach (Germany). This restructuring plan aims to reduce at the Rheinbreitbach plant over the period 2014-2015 by about 150 jobs on a total of 178.
On 07 December 2011 Recticel announced that its Automotive Interiors division had not been nominated for the production of interior components for the new Mercedes C-class. The production of interior components for the current Mercedes C-class will therefore end in 2015; hence the need for restructuring.
Discussions with the works council will start in the coming weeks in order to identify the most appropriate support measures, including mobility to other Recticel Automotive plants.
The related restructuring costs will be charged to the results of the first half year of 2013.
On 07 December 2011 Recticel announced that its Automotive Interiors division had not been nominated for the production of interior components for the new Mercedes C-class. The production of interior components for the current Mercedes C-class will therefore end in 2015; hence the need for restructuring.
Discussions with the works council will start in the coming weeks in order to identify the most appropriate support measures, including mobility to other Recticel Automotive plants.
The related restructuring costs will be charged to the results of the first half year of 2013.