Kardex Remstar to build U.S. business - efficiency

gains of 2 to 2.5 million EUR 22.11.2011 18:35

Zurich - The maker of storage systems Kardex Remstar to build the
business in the United States. With the closing of the production in
Lewistown until the end of the first half of 2012 and the expansion of
the distribution facility in Westbrook to the logistics center wants
this to Kardex Group, the company streamline structures in the United
States, it is stated on Tuesday in a statement.

The conversion should fall victim to some 50 points. Was still in the
current year with reorganization costs in the amount of EUR 1.5
million expected to continue with Kardex announced. The efficiency
gains of 2 to 2.5 million EUR from 2013 should be fully in income.

Thanks to local assembly capacity at its Westbrook, could the delivery
dates and response times continue to be held shortly in the American
market, it is added. Meanwhile, the Kardex in sales in the U.S. has
separate processing of customer segments will be merged and Material
Handling Office & Government. Thus, the possibility of a qualitative
optimize the dealer network is apparent in this market.