Brief: Lectra Insources Cutting Equipment Production In China
01/12/2023 16:54
Dec 1 (Reuters) - Lectra SA LECS.PA :
* LECTRA INSOURCES CUTTING EQUIPMENT PRODUCTION IN CHINA
* LECTRA WILL NOW DIRECTLY MANAGE PRODUCTION OF ITS CUTTING
EQUIPMENT MANUFACTURED IN CHINA, PRIMARILY DEDICATED TO ITS
ASIAN CUSTOMERS
* GROUP THEREFORE CREATED A NEW SUBSIDIARY, SUZHOU LECTRA
EQUIPMENT MANUFACTURING CO. LTD., TO TAKE OVER FROM
SUBCONTRACTOR VDL AS OF DECEMBER 1, 2023
Source text for Eikon: ID:nGNE40s3QS
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