Wabco proposes facility closures in Europe

Wabco has announced it may cease manufacturing at two production facilities in Western Europe by mid-2017.

Under the company's latest proposals, Wabco would cease the manufacturing of conventional mechanical components in Meppel, the Netherlands, and Claye-Souilly, France – resulting in a total reduction of workforce of approximately 320 positions.

Pending the outcome of the formal processes, production could cease at the Meppel facility by the second half of 2016, and at the Claye-Souilly plant in the second half of 2017, with production being transferred to other facilities within Wabco’s globally integrated supply chain.

“Alongside harnessing the substantive benefits of globalisation, Wabco continues to take necessary steps to maintain a competitive cost structure, particularly for mechanical products,” said Jacques Esculier, Wabco Chairman and Chief Executive Officer.

“A further enabler of Wabco’s differentiation and competiveness is rooted in the capabilities and productivity of our robust global manufacturing network.”

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