Valeo Illuminacion S.A., a Spanish subsidiary of Valeo, said that
it is planning to consolidate its lighting activities in Spain in order
to ensure the future competitiveness of the business. The restructuring
will entail the transfer of all production from the plant in Sant Esteve
Sesrovires near Barcelona, which employs 261 people, to the facility in
Martos, near Jaen in Southern Spain, the company said. The facility in
Martos currently employs 1,778 people and produces lighting systems.
The consolidation will result in the subsequent closure of the Sant
Esteve Sesrovires plant. This action is part of Valeo's ongoing
restructuring program, it added.
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