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19/04/2011

CERATIZIT expands to consolidate all US operations in Warren, Michigan
The economic conditions ...
cpg_nap_thumb_Tisler
CERATIZIT expands to consolidate all US operations in Warren, Michigan.
Mamer/Luxembourg and Warren/Michigan, April 18th, 2011
In February 2010, CERATIZIT announced that it would centralize its US cutting tool manufacturing operations from Latrobe, Pennsylvania to Warren, Michigan to best prepare for the expected economic rebound.
The economic conditions have improved significantly since then and the forecast remains favorable looking forward with expected growth in all areas of the business. In order to continue to meet the needs of the continued growth planned at CERATIZIT USA and maintain a competitive position in the North American market, CERATIZIT USA will more than double the size of the Warren, Michigan locations and consolidate all US operations to Warren.
Beginning in May, CERATIZIT USA, Inc. will consolidate all US operations by closing the Latrobe, Pennsylvania location and consolidating the operations into our Warren, Michigan locations.
This consolidation will fully realize the synergies of a single location. The Latrobe powder operations, hard and soft scrap recycling operations, distribution center, customer service center, and finance department will be moved to Warren and allow CERATIZIT USA to achieve more efficient operations, cost consolidation, more focused production capacities and competencies, and focus all future investments and growth strategies into the Warren, Michigan locations.
CERATIZIT S. A. is a pioneer and global player in sophisticated hard material solutions. The company operates from Mamer, Luxembourg. CERATIZIT is the world market leader in unique and consistently innovative hard material products for wear protection and cutting tools and is present in more than 50 countries worldwide. CERATIZIT provides hard material solutions to customers in selected industrial sectors including the automotive industry, mechanical engineering, oil industry, medical systems, electronics as well as mould and die making. With more than 400 active patents and 4000 employees, CERATIZIT is your strong partner worldwide.
Press Contact:
CERATIZIT USA INC.
Tim Tisler, President
11350 Stephens
USA- Warren, MI 48089