Santex Group moves its production closer to Market

The relocation is limited to manufacturing-related departments and will not impact on activities of Customer Service worldwide. By doing this the group also expects a positive effect on realigning its cost structures.

The program will take several months to ensure proper transfer of know-how and smooth placement to new jobs for the dismissed personnel. It involves reduction of its facility in Malo, Italy to a Technology and Service Center.

Production is currently being shifted to other Santex group manufacturing sites which will be fully operative by December 2008.

The production of Sperotto Rimar's products, mainly for wool finishing and solvent scouring,
- specifically Decofast, Fixa, Nova and Universa - will be relocated to the Santex facility in Tobel, Switzerland. This move guarantees a continued high level manufacturing of Santex Group?s machines.
About Santex Group Santex Group is a producer of textile finishing and technical textile machinery. With a total number of 200 workers and employees it is headquartered in Switzerland where its department of Development, Laboratories and Sales are located in Tobel. Production is situated at the same site of Tobel and in Qing Pu, (Shanghai) China. Another Laboratory and Technology Center for textiles is situated in Malo, Italy. With an own network of 5 service centers and over 80 representatives, it is able to serve the market optimally all over the world. _________________________________ For further informations: email: santex @santex.ch website: www.santex-group.com