LONDON Melexis Microelectronic Integrated Systems NV (Ieper, Belgium), a supplier of automotive ICs and subsystems, has said it now expects 2009 sales to be towards the top of the range given in July, of between 118 million euro (about $175 million) and 123 million euro (about $182 million). Nonetheless the company has announced job cuts at a newly-opened facility in Erfurt, Germany.
The company issued a statement saying that order rates have improved throughout the third quarter and that the global workforce reduction announced in January had been completed in the first half of 2009 with the exception of job cuts in Erfurt, Germany, which required more time because of local legal procedures.
Melexis opened a new building in Erfurt, Germany, on Tuesday (Sept. 22) but said that the loss of DVD business meant the company's Erfurt location required further cost-cutting and announced an additional headcount reduction of 13 percent (23 people) had become inevitable.
Additional restructuring costs of 600,000 euro (about $900,000) are being set aside against the third quarter results. The cuts will be completed in the fourth quarter.
The relocation was required to allow better and more environmentally friendly production of MEMS, optical sensors and cameras, the company said.
"Melexis investing in new infrastructure proves that we are dedicated to future growth in Erfurt as well. We are constantly investing in the development of our people and into bringing in new competencies across the globe," said Francoise Chombar, co-CEO of Melexis, in a statement.
Fellow CEO Rudi De Winter added: "The product lines of Melexis are well poised to bring our customers the right green solutions for today and tomorrow. For example, our innovative sensor-less brushless DC motor drivers enable significant energy savings in water, fuel and oil pumps and also in engine cooling fans. The new modern manufacturing environment in Erfurt allows for producing wide dynamic range imagers, used for instance for automatic driver assist systems, such as lane departure warning and night vision, and for pedestrian detection."
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