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Bekaert to close Belgian plant in reorganisation
BRUSSELS - Belgian steel cord and wire manufacturer Bekaert said on Thursday it planned to close a plant in Belgium and transfer production from another as part of a reorganisation of its steel cord operations there.
Bekaert said in a statement the move reflected the steady transfer of production activities by tyre manufacturers from western to central Europe and their search for local suppliers.
Bekaert, whose products are used to reinforce tyres and concrete, said its plant in the eastern town of Lanklaar supplying semi-finished products for central Europe would close.
Production at another plant in the western town of Waregem would transfer elsewhere in Belgium.
The Lanklaar closure would affect 136 jobs, Waregem's 150 workers would be found jobs elsewhere.
‘As a result of this reorganisation Bekaert's Belgian steel cord activities would be largely concentrated in Aalter, this plant continuing to specialise even more in the production and development of advanced steel cord products,’ Bekaert said.
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