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25.06.2010 - Bundling resources in Solar

With a view to bundling resources, Komax will in the medium-term be integrating its thin-film activities into its new plant in York, USA. Up to 45 jobs will be cut in the coming months at the plant in Rotkreuz, Switzerland. Business is continuing to develop very well in the crystalline segment, which accounts for around 85 percent of Komax's solar business.

The Komax Group is transferring its thin-film business from Rotkreuz to York, USA, where the Group established a new solar plant in 2009. This means that up to 45 jobs will be cut in the coming months at the plant in Rotkreuz, Switzerland. In taking this step, the Group is responding to the continuing decline in the thin-film solar market and is integrating this activity into its York site.
In contrast to the thin-film segment, the crystalline business, which accounts for some 85 percent of Komax's solar sales, has performed very well. In this area, Komax is benefitting from its strong market position and from major orders from Asia.

For more information please contact:

Komax Holding AG
Andreas Wolfisberg
Industriestrasse 6
CH - 6036 Dierikon
Tel. +41 (0)41 455 04 55
Fax +41 (0)41 450 10 24
Internet: http://www.komaxgroup.com