Tranter, a group of companies acquired by Alfa Laval in 2006, intends to consolidate its European manufacturing of welded heat exchangers at the existing site in Schopfheim, Germany. The intention is to close the Artern factory by July 31. The change will affect about 70 employees.
“Tranter’s welded heat exchanger business is important and this consolidation is necessary to stay competitive in the longer term,” commented Lars Renström, president and CEO of the Alfa Laval Group.
The move is part of a cost-cutting programme announced by Alfa Laval in October, and designed to achieve savings of SEK300m (€31.6m) per year during the fourth quarter of this year.