Jenoptik to consolidate sites in Germany, U.S.

Dec. 13, 2012
Jena, Germany--International optics and optoelectronics maker Jenoptik (Nasdaq: JNPKF) is consolidating sites within two of its divisions.

Jena, Germany--International optics and optoelectronics maker Jenoptik (Nasdaq: JNPKF) is consolidating sites within two of its divisions. The company announced that the manufacture of optics in its Optical Systems division in the U.S. is being concentrated, while the production of energy systems at two German sites is being combined. Jenoptik notes that it is maintaining its forecast for 2012.

The Defense & Civil Systems division is reducing the number of its sites in Germany from four to three. With 916 employees, the division currently operates at the Wedel, Essen, Altenstadt, and Jena locations, producing electronics, mechanical systems, laser sensors, IR technology, optics, optoelectronics, and software. Energy system components for military vehicles and locomotives are currently being manufactured at Wedel, Altenstadt, and Essen; production and development at the Essen site will be relocated to Wedel next year. All 73 employees currently working in Essen will be offered equivalent jobs at the Wedel site. "Following extensive analysis, it is not possible to sustainably operate four sites with partially overlapping competences," says CFO Rüdiger Andreas Günther.

In the U.S., a portion of Jenoptik's optics manufacturing capabilities at the U.S. site in Easthampton, MA will be transferred to the company's site in Jupiter, FL. Manufacturing activities at the Jupiter site will be ramped up: in early 2013, production capacity there will be extended to include the making of precision optical components for the semiconductor equipment, defense and security, health care, life sciences, and entertainment industries. The optics manufacturing capabilities at the Optical Systems division's Huntsville, AL site will be maintained.


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