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Ferro announces additional restructuring initiatives.(IN THE NEWS)
- Article from:
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Ceramic Industry
- Article date:
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August 1, 2008
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Copyright informationCOPYRIGHT 2008 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Ferro Corp. recently took additional actions to rationalize manufacturing and reduce expenses worldwide. The company announced that it discontinued manufacturing tile frits and tile color products at its facilities in Americana, Brazil, at the end of June 2008. Color products required by Brazilian customers after this time will be provided by Ferro facilities in Mexico and Spain.
"We believe these changes will allow us to reduce our operating costs and compete more effectively in the important north Brazil market," said John Kelly, Latin American business manager, Inorganic Specialties Group. ...
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