Open Enrollment | Subscribe to Printing Impressions HERE
Connect
Follow us on
Advertisement
 

More Cost-Cutting Measures for Baldwin

April 10, 2009
SHELTON, CT—Baldwin Technology, which specializes in process automation technology for the printing industry, announced that it is undertaking additional personnel reductions in the United States, Germany, Sweden and Italy in order to competitively position the company in the continuing global economic downturn.

This extension of earlier cost saving measures initiated in 2008 in anticipation of a softening of the global markets, combined with other direct and indirect savings in the company's manufacturing cost structure, is expected to realize in excess of $20 million annually.
 

Companies Mentioned:

COMMENTS

Click here to leave a comment...
Comment *
Most Recent Comments: