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Ahlstrom Continues Temporary Lay-Offs

May 26, 2009

Negotiations begin at Karhula site.

Ahlstrom has issued a proposal to start cooperation procedure on temporary layoffs at its glassfiber plant in Karhula, Finland. The negotiations starting on Monday, June 1, 2009 will concern the whole personnel of the plant. The possible layoffs and already started efforts to make cost savings are targeted to adapt the production volumes of specialty reinforcements and glass fiber tissue to match the demand.

The production reductions and cost saving efforts are estimated to result in temporary layoffs for approximately 150 people at the Karhula plant. The duration of the temporary layoffs is estimated to be less than 90 days, and they are estimated to start during the fall of 2009.

Ahlstrom started production adjustments at its Karhula plant earlier this year, and the company has previously announced temporary layoffs for approximately 150 blue collar employees and majority of the white collar employees of the plant between March and August 2009.

Ahlstrom's plant in Karhula, Finland produces specialty reinforcements and glassfiber tissue. The plant is part of Ahlstrom's Glass & Industrial Nonwovens Business Area and employs approximately 400 people, of which roughly 300 are blue collar and roughly 100 are white collar employees.


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