Further concentration of Haldex CVS’ North American manufacturing to the plant in Monterrey, Mexico
As a final step in the earlier announced Cost-Reduction Program, Haldex conducted a review of Commercial Vehicles Systems’ (CVS) production structure in North America. The review resulted in measures for a further concentration of CVS’ North American manufacturing to the Haldex plant in Monterrey, Mexico.
For additional information, please contact:
Joakim Olsson, President and Group CEO, phone +46 8 545 049 52 or Stefan Johansson, CFO, phone +46 8 545 049 51.
Haldex (www.haldex.com), headquartered in Stockholm, Sweden, is a provider of proprietary and innovative solutions to the global vehicle industry, with focus on products in vehicles that enhance safety, environment and vehicle dynamics. Haldex is listed on the Nasdaq OMX Stockholm Stock Exchange and had net sales of nearly 5.5 billion SEK in 2009. The number of employees amounts to about 4,000.
Haldex discloses the information in this press release according to the Swedish Securities Market Act and/or the Swedish Financial Trading Act. The information was provided for public release on Friday July 16, 2010.