Press releases

Knorr-Bremse announces discontinuation of production in Wülfrath

May 23, 2019 [Knorr-Bremse Group]

  • Production to close down by 2020
  • Center of competence for commercial vehicle steering systems to be retained
  • Global growth strategy in the commercial vehicle steering systems sector to continue unaffected

The Executive Board of Knorr-Bremse AG decided yesterday to discontinue production of steering systems by Knorr-Bremse SteeringSystems GmbH at the Wülfrath site by 2020.

The decision was based on in-depth analysis of various scenarios and took account of the recent acquisitions in the commercial vehicle steering systems sector. One substantial factor impacting on the decision process was the premature phasing out of a major order for car steering systems.

Knorr-Bremse is maintaining its systematic pursuit of the strategic goal of establishing as a world-leading supplier of commercial vehicle steering systems and of offering its customers innovative systems solutions. In this context, the expertise amassed over recent years in Wülfrath, particularly in the fields of development and project management for commercial vehicle steering systems is to be retained within a center of competence. The aim here is to retain a substantial proportion of the employees who work in these fields.

At present, the headcount at the Knorr-Bremse SteeringSystems GmbH site in Wülfrath totals 356, including 66 persons on HR leasing contracts. Concrete details of the job cuts will be finalized in pending negotiations with employee representatives regarding the reconciliation of interests and social compensation plans. The aim is to make this downsizing as socially acceptable as possible and to reach agreement with the employee representatives as soon as possible.

 

Eva Doppler

Tel: +49 89 3547 1498
Fax: +49 89 4444 54193
e-Mail: eva.doppler@knorr-bremse.com

Knorr-Bremse AG
Moosacher Straße 80
80809 Munich
Germany

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