hGears to reduce workforce and refocus Herzog GmbH

hGears Group announced a strategic reorientation at Herzog GmbH, reducing the motorcycle segment and cutting jobs from 500 to 350 by mid-2018. Over EUR 10 million will be invested in machinery at the Schramberg site over 36 months.

“The company will align its product portfolio even more clearly.”hgears.com

• 1 source
• hgears.comhGears announces strategic reorientation at Herzog GmbH - hGearsnuvigoneJan 12, 2017

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