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Subject: 
Re: AP: Lego To Close Molding, Processing
Newsgroups: 
lugnet.lego
Date: 
Thu, 30 Nov 2000 02:09:53 GMT
Viewed: 
1086 times
  
In lugnet.lego.announce, Suzanne D. Rich writes:
NOVEMBER 27, 19:05 EST

Lego To Close Molding, Processing

ENFIELD, Conn. (AP) — Toymaker Lego Systems Inc. said Monday it would close its
molding and processing operations in Connecticut as part of a global
restructuring.

The move will mean the elimination of 94 jobs at Lego Systems, the North
American and Latin American operations of Swedish toymaker Lego Co. which
employs just under 1,100 people.

Did I see SWEDISH toymaker....

The full restructuring, to be announced Tuesday, will call for the elimination
of about 300 jobs worldwide, said Katherine Lee, a company spokeswoman. The
company employs roughly 9,000 people.

The Denmark-based toymaker estimates it will lose between $40 million and $65
million this year, Lee said.

The company also is anticipating a slowdown in the shipment of products after
the holidays. In response, it plans to implement a shortened workweek for
permanent employees in the company's distribution center, packing and stock
areas, Lee said.

Oh well, maybe this will help us...after all, if they're not making
sets/parts in the US, then there's a good chance we won't be seeing sets
only released to certain markets [like a lot of US S@H sets, and europe only
sets] as they'll now all be coming from the same source, and not seperate
facilities.

Now maybe they can concentrate on expanding the S@H service to other
countries outside Europe/North America?

Benjamin Whytcross

b_whytcross@hotmail.com



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