07.27.23
Helsinki, Finland
www.teknos.com
PRIVATE COMPANY; YEAR ESTABLISHED: 1948
REVENUE: $433 million
MARKETS SERVED
Architectural coatings; Industrial coatings; Powder coatings
KEY EXECUTIVES:
Paula Salastie, CEO; Marcel Dissel, CCO; Tuukka Ryynänen, CTO; Sameli Hakola, VP chief supply chain officer.
Teknos Group Oy is the leading supplier of industrial coatings in Scandinavia with a strong position in retail and architectural coatings too. Teknos is one of Finland’s largest family-owned businesses. Group companies operate in Scandinavia, Germany, the UK, Poland, Slovenia and Russia, and through a well-established network of agents and representatives in approximately 20 other European countries. The company has approximately 1,800 employees and 16 facilities.
Teknos Deutschland GmbH has recently completed a strategic review of its production footprint in Germany. The objective of this review was to develop plans to simplify the operational footprint while identifying opportunities to further develop the production and delivery capabilities of Teknos Deutschland GmbH.
As a result of this review, Teknos has decided not to proceed with a new factory in Steinau an der Straße and plans to cease operations in Fulda. After evaluating the existing locations, Teknos determined that the Brüggen site offers more expansion and development options. Therefore, Teknos plans to relocate production from Fulda to the existing Brüggen site and develop its operations in Brüggen.
Teknos informed its employees in Germany about the planned relocation of production from Fulda to Brüggen. Approximately 20 jobs in the production, logistics and R&D are affected by these plans. Jobs of employees outside production, logistics and R&D would not be affected. Teknos has now engaged in negotiations with the works council in Fulda.
www.teknos.com
PRIVATE COMPANY; YEAR ESTABLISHED: 1948
REVENUE: $433 million
MARKETS SERVED
Architectural coatings; Industrial coatings; Powder coatings
KEY EXECUTIVES:
Paula Salastie, CEO; Marcel Dissel, CCO; Tuukka Ryynänen, CTO; Sameli Hakola, VP chief supply chain officer.
Teknos Group Oy is the leading supplier of industrial coatings in Scandinavia with a strong position in retail and architectural coatings too. Teknos is one of Finland’s largest family-owned businesses. Group companies operate in Scandinavia, Germany, the UK, Poland, Slovenia and Russia, and through a well-established network of agents and representatives in approximately 20 other European countries. The company has approximately 1,800 employees and 16 facilities.
Teknos Deutschland GmbH has recently completed a strategic review of its production footprint in Germany. The objective of this review was to develop plans to simplify the operational footprint while identifying opportunities to further develop the production and delivery capabilities of Teknos Deutschland GmbH.
As a result of this review, Teknos has decided not to proceed with a new factory in Steinau an der Straße and plans to cease operations in Fulda. After evaluating the existing locations, Teknos determined that the Brüggen site offers more expansion and development options. Therefore, Teknos plans to relocate production from Fulda to the existing Brüggen site and develop its operations in Brüggen.
Teknos informed its employees in Germany about the planned relocation of production from Fulda to Brüggen. Approximately 20 jobs in the production, logistics and R&D are affected by these plans. Jobs of employees outside production, logistics and R&D would not be affected. Teknos has now engaged in negotiations with the works council in Fulda.
