TITLE

More Cuts Ahead at Elcoteq

AUTHOR(S)
Buetow, Mike; Drysdale, Chelsey
PUB. DATE
February 2008
SOURCE
Circuits Assembly;Feb2008, Vol. 19 Issue 2, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article the reports on the efforts of electronics manufacturing service provider Elcoteq for the reduction of the company's annual operating costs. The company plans to restructure its operations by selling certain underperforming plants and improving its materials management for its effort to reduce $101.5 million to $116 million from its annual operating costs. The company will sell its Elcoteq Communications Technology GmbH subsidiary. It will also reduce or divest its money-losing plant in St. Petersburg, Russia.
ACCESSION #
30058399

 

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