Restructuring at furnace manufacturer Seco/Warwick
January 29, 2013
It was announced on the 24th January, 2013, that control of the manufacturing sites Seco/Warwick Europe (Poland), Seco/Warwick Corporation and Retech (both USA), Seco/Warwick Retech (China), Seco/Warwick Allied (India) and the service sites Seco/Warwick Service (Germany) and Seco/Warwick Russia (Russia) have been consolidated under the Seco/Warwick Group .
Seco/Warwick now consists of a holding company located in Świebodzin, Poland, which is listed on the Warsaw stock exchange and which keeps the shares and control of the manufacturing sites.
The Seco/Warwick holding has a lean structure, in which five vice presidents control the five business segments: Vacuum Technology (VAC), Atmosphere Technology (ATM), Aluminium Processes (AP), Controlled Atmosphere Brazing (CAB) and Vacuum Metallurgy Equipment (VME/Retech). The holding is globally responsible for functions such as procurement, HR and finances. A contractual frame takes care of the legal, logistical and technological cooperation between the global sites of the group.
Posted by: Paul Whittaker, Editor ipmd.net, [email protected]
News | Articles | Market reviews | Search directory | Subscribe to e-newsletter