DGAP-News: Balda AG / Key word(s): Miscellaneous
Balda AG: Balda Group brings together US sites
06.08.2015 / 08:02
Bad Oeynhausen, 6th August 2015 – The US subsidiary of the Balda Group will
consolidate its previous four production sites and focus on two locations –
Ontario and Oceanside. At the same time, the total manufacturing space will
The newly leased premises will increase Balda’s clean room capacity from
8,000 sq. ft. to approximately 25,000 sq. ft. for a total of 140,000 sq.
ft. of manufacturing space. This new location was the previous production
site of a medical technology corporation that recently consolidated its
production across its other existing factories, discontinuing its
production activities at the Ontario site.
After Balda announced last month that a key customer will substantially
reduce its production volume at the Irvine site, this change now presents
the opportunity to further expand the production and contract assembly of
technical products and fashion items as well as existing non-clean room
medical technologies at the Oceanside facility.
“By taking this decision, we are not only strengthening our presence in the
USA whilst investing in an attractive market segment, we are also
consistently implementing our strategic consolidation and focus of our US
sites. This puts us into a very good starting position for the future
development of the Balda Group”, states Oliver Oechsle, CEO at Balda AG.
The new orientation offers our customers and employees a significantly
improved outlook on the future, as all contact persons are now available at
a centralized location. These synergies as well as fast-track processing
and proximity to the production site will also significantly increase
efficiency and communication.
Contact / Contact person
Deekeling Arndt Advisors
Tel: +49 (0) 5734 922 2555
Mobile: +49 (0) 160 90560506
Balda (ISIN: DE0005215107) is a provider of high end plastics solutions
that rely on quality in sophisticated fields of application in the
healthcare, lifestyle, automotive and consumer electronics industry. Balda
operates in Europe and Northern America and has state of the art production
sites at the Oeynhausen headquarters in Germany and in the US. The
company’s success with its about 800 staff worldwide is based on the use of
modern, cost-efficient technologies and the close cooperation with our
customers in a spirit of trust.
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Company: Balda AG
Bergkirchener Str. 228
32549 Bad Oeynhausen
Phone: +49 (0) 57 34 / 9 22-0
Fax: +49 (0) 57 34 / 9 22-2604
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
End of News DGAP News-Service