Business Services Industry

Aspocomp Group Oyj closes plant in Salo, Finland

Nordic Business Report, June 18, 2007

NORDIC BUSINESS REPORT-18 June 2007-Aspocomp Group Oyj closes plant in Salo, Finland(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish technology group Aspocomp Group Oyj said on Friday (15 June) that it has decided to close down its production plant in Salo, Finland.

The production will be shut down in mid-July and a part of the equipment will be transferred to Aspocomp's production facilities in China and India.

The closing down of operations in Salo will affect 215 employees.

Aspocomp Group, headquartered in Helsinki, Finland, develops interconnection solutions for the electronics industry. Its production facilities are located in Finland, China and Thailand and the company has about 3,350 employees. Aspocomp Group is listed on the Nordic Exchange in Helsinki.

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COPYRIGHT 2007 M2 Communications Ltd.
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