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AkzoNobel closes coatings plants in Sweden, Germany

2:33 PM MST | December 16, 2013

AkzoNobel says it will close two coil coatings production sites, one at Gamleby, Sweden, and the other at Nuremberg, Germany. Production at the Gamleby site will be folded into plants at Malmo, Sweden; and Lipetsk, Russia, and production at the Nuremberg site will be folded into a plant at Hilden, Germany. The sites at Gamleby and Nuremberg will be fully closed by June 2015, AkzoNobel says. The company has not disclosed any cost savings associated with the closures. Winding down production at the two sites will start early next year. The moves will impact 280...

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