Norsk Hydro: Hydro to close extrusion plant in Lucé, France
NORSK HYDRO A S ADS (NHYDY)
NASDAQ:AMEX Investor Relations:
hydro.com/en/investor-relations
Company Research
Source: GlobeNewswire
Hydro has decided to further consolidate the Extrusions operations in Europe with a proposal to close the Lucé plant in France. This move is made to optimize the extrusion footprint in Europe and strengthen competitiveness. The proposed closure affects approximately 80 employees, and a formal consultation process with employee representatives at the location will soon begin. If confirmed, the site will be closed during 2026. “The European market remains challenging and we need to take further action. These decisions are difficult, but we will prioritize safety and ensure that people are treated fairly and respectfully. We will continue to have a strong presence in the French market, and we are determined to serve our customers with dedication and a high service level,” says Erik Fossum, Senior Vice President of Hydro Extrusion Europe. The intention to close the Lucé plant in France follows the intention to close five other extrusions plants in Europe as announced on November 26, 2
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