EUROFOAM CONSOLIDATING IN GERMANY

摘要

Kremsmunster, Austria - Major flexible foam group Eurofoam announced 23 Jan 2012 that it will consolidate its business in Germany closing its foaming and converting operations at Bexbach, Germany by 30 June 2012."The on-going stagnation of the German foam market for mattress and upholstery industry as well as the increasing pressure on margins made it necessary to adjust the overall production capacity and improve the cost base," said a statement from Kremsmunster, Austria-headquartered Eurofoam.