Ahlstrom to Cut Jobs at Technical Papers Plant in Germany
Helsinki, Finland, 09 December 2009 -- Ahlstrom Corporation, leading supplier of nonwovens and specialty papers, has concluded the personnel negotiations started on 06 October at its Altenkirchen plant in Germany. The negotiations concerned the whole personnel of the plant, a total of 160 persons.
As a result of the negotiations, Ahlstrom will implement personnel reductions at the plant in two phases. By the end of 2009, the number of personnel will be reduced by 34 positions, affecting blue-collar and white-collar employees. The layoffs will be implemented as of 07 December. Ahlstrom is a global leader in the development, manufacture, and marketing of high performance nonwovens and specialty papers. Ahlstrom's products are used in a large variety of everyday applications, such as filters, wipes, flooring, labels, and tapes. Based upon its unique fiber expertise and innovative approach, the company has a strong market position in several business areas in which it operates. Ahlstrom's 6000 employees serve customers via sales offices and production facilities in more than 20 countries on six continents. In 2008, Ahlstrom's net sales amounted to EUR 1.8 billion. Ahlstrom's share is quoted on the NASDAQ
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