(CercleFinance.com) – Aurea announces a strategic reorganization project for Regeal (Metals & Alloys Division) to take account of developments in the aluminum alloys market.
Aurea has decided to implement a new industrial organization of its Regeal site including stopping the production of aluminum alloys in the form of ingots, which are insufficiently profitable, and refocusing the site on the production of aluminum alloys in form of sows (‘loaves’ molded from recycled aluminum weighing 800 kilos intended to be remelted), whose outlets are much better oriented, as well as production for third parties (‘tolling’).
The company has also decided to adapt the workforce to the volume of activity, ie a reduction in personnel costs through a Job Protection Plan which could lead to the elimination of jobs.
This project is the subject of a consultation procedure by the Social and Economic Committee (CSE).