Velux is considering closing its Meldorfer Holzverarbeitungs GmbH factory by the end of 2009.
The move would directly affect about 100 employees at the factory but product manufacture could be consolidated at other Velux factories where there is free capacity.
“The current financial stagnation across the globe is also affecting the building industry. Velux is experiencing a fall in demand on key markets and this has a negative impact on our sales and business,” said factory manager Bernd Kühl.
“This includes the European market and the demand for products made at Meldorfer Holzverarbeitungs GmbH.”
“It is a regrettable situation, but the current financial stagnation forces us to safeguard our business and competitive ability in the long as well as the short term.”
