DGAP-News: Balda AG: Balda Group brings together US sites


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

increase significantly.

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

Michael Pfister

Deekeling Arndt Advisors

Tel: +49 (0) 5734 922 2555

Mobile: +49 (0) 160 90560506

Mail: michael.pfister@deekeling-arndt.de

About Balda

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.



06.08.2015 Dissemination of a Corporate News, transmitted by DGAP – a

service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English

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

E-mail: ir@balda-group.com

Internet: www.balda-group.com

ISIN: DE0005215107

WKN: 521510

Listed: Regulated Market in Frankfurt (Prime Standard); Regulated

Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,

Munich, Stuttgart

End of News DGAP News-Service


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