18 October 2019

Voith Turbo Plans To Adapt Structure

The global technology group Voith is planning a comprehensive package of measures for its Group Division Voith Turbo to secure its competitiveness and viability in the long term. The focus is on streamlining its overall production footprint in Germany and on creating centralized, more efficient sites. To this end, production in Sonthofen and Zschopau is to be discontinued by the end of 2020. “Voith Turbo is confronted with increasing competitive and margin pressure. At the same time, the need f

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