Glatfelter Announces Closure of Ober-Schmitten, Germany Facility
The actions taken are part of the Company’s turnaround strategy that is aimed at improving the financial performance of the overall business.
- The actions taken are part of the Company’s turnaround strategy that is aimed at improving the financial performance of the overall business.
- The Ober-Schmitten facility, part of the Composite Fibers segment, has approximately 180 employees and is located in Nidda, Germany, with an associated sales office in Suzhou, China.
- The Ober-Schmitten Economic Committee and Works Council were notified of the closure and negotiations regarding a compromise of interest and social plan will begin immediately.
- I want to take this opportunity to thank our employees for their years of dedicated service and many contributions to Glatfelter.