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Imperial Tobacco Group announces further restructuring of manufacturing operations.
0 Comments | M2 Presswire, September, 2005
M2 PRESSWIRE-29 September 2005-Imperial Tobacco Group PLC: Imperial Tobacco Group announces further restructuring of manufacturing operations(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:29092005 Imperial Tobacco Group today announced a further restructuring of its manufacturing operations as part of an ongoing review of its global manufacturing portfolio.
The Group remains focused on improving efficiencies and reducing overall costs in order to strengthen its competitive position and address over-capacity. Today it announced the closure of its UK rolling papers factory in Treforest, South Wales, and the transfer of production to its larger papers plant in Wilrijk, Belgium. The closure is expected to be completed within a year and will result in the loss...
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