Negotiations on the possible closure of the production facility in Holstebro, which would allow production to be concentrated to the facilities in Farsö and Nyköbing, Mors, will start immediately. The reason for the measures is continuously increasing competition in the industry segment in Denmark, where it is difficult to achieve profitability in operations.
“The production unit in Holstebro is a specialist operation in the niche market of custom-produced façade solutions. Unfortunately, profitability within this segment has been declining for some time and the willingness to pay what it costs to produce the projects that have been initiated is low,” says Inwido’s President and CEO, Håkan Jeppsson.
The operations started in 1993 and became part of the Inwido Group in 2011. In total, the facility employs about 100 people.
“We have tried to make the Holstebro production unit competitive but without success. This leaves us with no other choice than to act,” Håkan Jeppsson concludes.