Subject:
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Re: AP: Lego To Close Molding, Processing
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Newsgroups:
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lugnet.lego
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Date:
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Thu, 30 Nov 2000 02:09:53 GMT
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Viewed:
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1086 times
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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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