18. HEINÄKUUTA 2005

Nilfisk-Advance to Consolidate Production in North America

 

The Bowling Green production facility, which is specialized within cleaning equipment for the industrial market, became part of the Nilfisk-Advance Group in 2004 when Nilfisk-Advance acquired ALTO.

The efficiencies achieved by consolidating production into Plymouth, Minnesota will make Nilfisk-Advance more competitive and position the North American organization for increasing market share. The consolidation will enable Nilfisk-Advance to continue investing in new products and further its mission to “drive down the total cost to clean”.

92 employees in Bowling Green will be affected by the closing beginning in late fall 2005, with the consolidation expected to be completed by spring 2006. The company will add jobs to its Minnesota facility with the increase in production and development activities, and some employees from Ohio may relocate to Minnesota.

The cost for the implementation will not affect the financial result for 2005, as this was provisioned for when acquiring ALTO.

Nilfisk-Advance will continue to invest substantially in its range of industrial cleaning equipment and increase its combined market share globally.

Nilfisk-Advance Group

With the acquisition of ALTO in spring 2004, Nilfisk-Advance became the world’s leading supplier of professional cleaning machines. As a result of the acquisition the Nilfisk-Advance organization was expanded by a further number of production and sales subsidiaries in Europe, North America and the Far East. Nilfisk-Advance has today a turnover of approximately 670m EUR and employs around 3,800 people. The Company has production in Denmark, Sweden, Germany, Italy, Hungary, USA, Singapore and China, and sales subsidiaries in 35 countries. In combination with an extensive network of dealers, Nilfisk-Advance is globally represented.

Further information

Please address any questions concerning the information in this press release to mail@nilfisk-advance.dk or on telephone +45 20 48 51 15.