Uponor Corporation, Investor News, 28 February 2023 at 15:30 EET
Uponor to close down its factory in Ehingen, Germany
As part of Uponor's newly announced global transformation programme, Uponor has decided to close down its assembly factory in Ehingen, Germany, and move the assembly operation to its facility in Poland. The Ehingen factory is part of the Building Solutions - Europe division. The closure will take place by the end of March 2023, and it affects 30 employees.
Uponor's global transformation programme aims to strengthen the company's resilience and long-term competitiveness. An important part of the programme is to identify efficiency improvement opportunities in the operations and manufacturing footprint.
The factory in Ehingen, Germany, is specialized in the assembly of heating manifolds and manifold stations for the European market. Integrating the Ehingen manifold assembly capacity with the assembly operation located in Swiebodzice, Poland, will create economies of scale and enhance competence development. The customer-serving functions, employing 70 persons, will remain in Ehingen as a part of Uponor's German sales organization.
?By focusing our competencies and realizing scale efficiencies in a larger assembly unit, we will not only enhance factory utilization, but also reduce complexity in our Supply Chain and Quality Management. At the same time, the efficiency gains across the value chain will allow for investments into innovation and improved customer service," says Thomas Fuhr, Chief Technology Officer at Uponor. "Simplifying structures and harmonizing our processes is a central part in creating the new Uponor-wide operating model that will strengthen Uponor's resiliency as a company and ensure the execution of our growth strategy."
Further information:
Franciska Janzon
Senior Vice President, Corporate Communications and IR
Uponor Corporation
Tel. +358 (0)20 129 2821
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www.uponorgroup.com
Uponor in brief
Uponor is a leading global provider of solutions that efficiently and effectively move water through cities, buildings, and homes. We help customers in residential and commercial construction, municipalities, and utilities, be more productive - and continuously find new ways to conserve, manage and provide water responsibly, unlocking its potential to provide comfort, health, and efficiency. Our safe drinking water, energy-efficient radiant heating and cooling systems, and reliable infrastructure solutions are sold in more than 80 countries. Uponor employs about 4,000 professionals in 26 countries in Europe and North America.
In 2022, the company's net sales totalled approximately €1.4 billion. Uponor Corporation is based in Finland and listed on Nasdaq Helsinki. www.uponorgroup.com
