Alimak Group Considers Consolidating Assembly Activity

Stockholm, Sweden-headquartered Alimak Group is considering consolidating assembly activity in Mammendorf, Germany, to its manufacturing facility in Madrid, Spain, as part of an effort to deliver significantly improved margins in its Façade Access division. Discussions will commence with the German works council. The consolidation of the assembly activity would save an estimated SEK60 million ($US 5.7 million) in annual costs beginning in 2025. The total one-time cost of the move is estimated to be SEK95 million (US$9.1 million), and this number could be partially offset by capital gain resulting from the divestment of the Mammendorf real estate. The consolidation only targets the assembly workshop, while R&D, engineering functions and service would remain in Germany.

Get more of Elevator World. Sign up for our free e-newsletter.

Please enter a valid email address.
Something went wrong. Please check your entries and try again.

SDSU PARKING ELEVATORS OPERATING WITH EXPIRED PERMITS

SDSU Parking Elevators Operating With Expired Permits

Grone

NEII Congratulates Grone on Retirement

SCHINDLER REFLECTS ON 2025 CHALLENGES, REWARDS

Schindler Reflects on 2025 Challenges, Rewards

Techno International Airport; image courtesy of Otis

Otis Provides 118 Units for New Cambodia Airport

Kennedy

In Memoriam: John Lee Kennedy

The renovation features new escalators and more; image courtesy of Robins & Morton.

Huntsville Airport Renovation Includes Vertical Transportation

ALIMAK’S 3Q RESULTS SHOW “RESILIENCE IN A CHALLENGING MARKET”

Alimak’s 3Q Results Show “Resilience in a Challenging Market”

ROBUST SERVICE AND MODERNIZATION BUOY KONE IN 3Q

Robust Service and Modernization Buoy KONE in 3Q