SWITZERLAND: Cable, connector and antenna systems supplier Huber+Suhner announced measures to cope with the impact of ‘negative effects due to the strong Swiss franc’ on May 12.
The changes will lead to around 25 early retirements and 25 redundancies at its Herisau and Pfäffikon sites in 2015, along with a reduction in temporary staff. Some service and logistics functions are to be relocated to Poland, while the space centre of excellence will move to the USA and there will be an ‘accelerated ramp-up’ of production at the cable plant in China.
In Switzerland, the company will invest into process improvements including an expansion of the Pfäffikon logistics centre and the optimisation of injection moulding in Herisau.
