EMCC European Monitoring Centre on Change

Cargotec Sweden

Company/Organisation:
Cargotec Sweden

Geographic Location

Country: Sweden
Location of affected unit(s): Lidhult, Hudiksvall

Company

Sector: Manufacturing
Manufacture of transport equipment
30.99 - Manufacture of other transport equipment n.e.c.
Number Employed: 650
Group: Cargotec

Employment Effects

Announcement Date: 15-10-2012
Planned Job Reductions min: 235
Type of Restructuring: Offshoring/Delocalisation
Employment Effect Start: 01-01-2013
Foreseen End Date: 31-03-2014
Direct Dismissals: 130

Additional Information

235 jobs will be lost in Lidhult and Hudiksvall as Finnish owned cargo equipment maker Cargotec Sweden aims to centralize some of its production in Poland.

The company has announced 130 job cuts at its unit in Lidhult as part of cost-cutting measures. Cargotec plans to centralise its reach stacker and empty container handler production in Poland, while the production in Lidhult will focus on forklift trucks in the future.

There will also be reductions in Hudiksvall, where loader cranes are manufactured. The company is letting go of 105 employees and offshores parts of the production to Poland. The production of forestry and recycling cranes will remain in Hudiksvall.

The restructuring will be implemented over the next 15 months.

Earlier employment adjustments by Cargotec in Sweden are covered in factsheets 186861344513191128491198711092.

Cargotec Sweden is part of the Cargotec group, producer and provider of cargo handling solutions. The group employs some 10,500 people world-wide.