Now the company is closing its factory in North Jutland with lost jobs as a result.
It concerns Taasinge Elementer, which in future will produce its prefabricated wooden solutions for construction from fewer addresses.
Therefore, the company closes its factory in Sindal and consolidates production in Denmark at the headquarters in Tåsinge.
– It is a difficult decision for us to close the factory in Sindal and say goodbye to some good, loyal employees, whom we greatly appreciate. But it is also the right decision for Taasinge Elementer as a company. We are in the middle of a strategic change, where it is necessary for us to adapt capacity, says CEO Morten Walsted in a press release.
Over 40 employees
Employees across the group were informed on Monday. Negotiations are now starting between management and employee representatives on the framework and conditions for the shutdown.
There are 35 hourly paid employees and six white-collar workers at the factory in Sindal, who are housed in rented premises. It is expected that four of the civil servants who currently have an office in Sindal will be offered to continue in their current positions from an as yet unknown location in North Jutland.
The factory in North Jutland has been part of Taasinge Elementer since 2017, when the company acquired Ugilt Savværk’s element production.
But the slowdown in construction has cost Taasinge Elementer dearly in the past year. The aftermath of several customer bankruptcies and a general decline in the market cost last year a loss of DKK 14.5 million.
The biggest minus for Taasinge Elements in a decade.
At the same time, there has been great unrest in the management corridor.
Even bigger deficits on the way
When Morten Walsted became the new managing director in June, he was the third of his kind in just one year. And the fourth, if you go a few months further back in time.
According to Taasinge Elementer, the closure of the factory in Sindal is a step towards restoring the financial balance in the company. But making a strategic adjustment of a loss-making company takes time.
Therefore, everything also indicates that Taasinge Elementer will come out with a new larger deficit when the financial year 2024 ends in just over two months. After this, however, it will start to brighten, predicts Morten Walsted.
– We have analyzed the entire organization and now have a clear picture of what is needed to restore the financial balance. Here is the closing of Dept. Nord in Sindal is a big step on the way, he says.
Taasinge Elementer was established in 1971 and is Denmark’s oldest and largest producer of prefabricated wooden roof and facade elements.
The company has two production units in Denmark – in Tåsinge and Sindal – as well as one in Latvia.
Two years ago, a factory in Hampen, central Jutland, was also closed.
2024-10-28 10:18:00
#Closes #factory #North #Jutland #Read #article
**Interview with Morten Walsted, CEO of Taasinge Elementer: Factory Closure in Sindal**
**Editor:** Thank you for joining us, Morten. Can you start by explaining why Taasinge Elementer has decided to close the factory in Sindal?
**Morten Walsted:** Thank you for having me. It’s indeed a difficult decision, but we are currently undergoing a strategic change in the company. The closure allows us to consolidate our production operations and improve efficiencies. We believe this is the right step for Taasinge Elementer in the long run, despite the emotional cost associated with saying goodbye to our loyal employees in Sindal.
**Editor:** That’s understandable. Can you elaborate on how this decision affects the employees at the Sindal location?
**Morten Walsted:** Absolutely. We have 35 hourly paid employees and six white-collar workers at the Sindal factory. We’ve informed them of the situation and are committed to working with employee representatives to discuss the terms and conditions surrounding this shutdown. While it’s tough, we are seeking opportunities for some of the staff to continue working with us from other locations within North Jutland.
**Editor:** This factory has been part of Taasinge Elementer since 2017. What led to the decision to consolidate production now?
**Morten Walsted:** Over the past year, we have faced a significant slowdown in the construction sector, which has impacted our operations. By consolidating production at our headquarters in Tåsinge, we aim to align our resources more effectively and ensure the sustainability of the company moving forward.
**Editor:** What support will be provided to the affected employees during this transition?
**Morten Walsted:** We are in the early stages of negotiations with employee representatives to discuss potential support options. This could include severance packages, job placement assistance, and, for those who may be offered positions at other company locations, relocation support.
**Editor:** Thank you for your insights, Morten. This is surely a challenging time for everyone involved, and we appreciate you taking the time to discuss this significant change.
**Morten Walsted:** Thank you for having me. It’s important for us to communicate openly during this transition and support our employees as best as we can.
Ing to offer positions to some of our employees in North Jutland, and we hope to support those affected as best as we can during this transition.
**Editor:** That’s a commendable approach. Can you discuss the financial challenges that led to this decision, particularly regarding the recent losses the company has faced?
**Morten Walsted:** Yes, the construction industry has faced significant headwinds lately, including several customer bankruptcies that have impacted our business model. Last year, we reported a loss of DKK 14.5 million, which was the most significant deficit we’ve seen in a decade. As part of our transition, we need to make these tough decisions to restore financial balance and ensure a sustainable future for Taasinge Elementer.
**Editor:** You mentioned that this is part of a larger strategic adjustment. Can you share what the next steps will be for Taasinge Elementer after the closure?
**Morten Walsted:** Certainly. We’ve conducted a thorough analysis of the organization and have laid out a clear plan to improve our operational efficiencies. The closure of the Sindal factory is one step, but we anticipate more challenges ahead, potentially seeing an even larger deficit for the financial year ending in 2024. However, I believe that after overcoming this transitional phase, we will start to see positive changes in our financial health moving forward.
**Editor:** Thank you for your insights, Morten. This sounds like a challenging yet necessary adjustment for Taasinge Elementer. We wish you and your team the best during this transition.
**Morten Walsted:** Thank you very much for having me. We appreciate the support and understanding from the community.
