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15 March 2023
Manroland Sheetfed Takes losses and Cuts Staff
OFFENBACH GERMANY—
Manroland Sheetfed has reduced operation by 15% with 140 jobs losses as result of losses. They company said shortages of critical components caused multiple production bottlenecks that seriously hampered deliveries from the factory, pushing the business deep into losses. The press manufacturer is owned by Langley Holdings, and is part of its Print Technologies division.
Manroland Sheetfed sales and service companies had performed profitably but could only partially compensate the losses. The company also has had high absenteeism, and the firm said that Germany had experienced record absence levels amid skyrocketing Covid-19 cases since restrictions were lifted. The press manufacturer will keep its capacity to build the 500 printing units – around 100 presses – that are planned for this year. Manroland’s Offenbach site is Langley’s largest single manufacturing footprint.
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Comments:
1. Mr Beastly says:
They had the same problems as all other press manufactures, the once mighty man is certainly not what it once was sadly.
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