#United States #European Market #Robertshaw #Slovakia Plant #Trnava

Robertshaw's European Commitment

In a recent announcement, Robertshaw Controls Company, a renowned leader in design, engineering, and manufacturing, has clarified its commitment to the European market following the sale of its manufacturing plant located in Trnava, Slovakia. The company's decision to sell the plant has raised questions; hence, they aim to dispel any rumors regarding the motivations behind the sale.

The transfer of the Trnava facility, which has been a crucial part of Robertshaw's operations, was not linked to the ongoing restructuring of its US operations. This restructuring is pivotal for the company's growth strategy, allowing Robertshaw to cut approximately $650 million in debt and significantly enhance its liquidity. The improved financial standing offers the company the flexibility to emphasize investments aimed at expansion and better service to its global clients. Robertshaw firmly states that the restructuring was separate from the plant sale and that claims suggesting otherwise are unfounded.

Following the sale, the 130 employees at the Trnava plant were able to secure their jobs under the new ownership, which Robertshaw views as a beneficial outcome. The company expressed deep appreciation for the dedication and professionalism of the former employees and is pleased that they could maintain their roles amidst the changes.

John Hewitt, the Chief Executive Officer of Robertshaw, highlighted the company’s long history of achievements as it celebrates its 125th anniversary. Currently, Robertshaw employs over 4,800 individuals across 14 countries, a testament to its evolution and resilience in the industry. Hewitt stated, "A lot has changed, but our commitment to improving processes in electric and gas cooking, refrigeration, heating, and laundry remains steadfast. We are excited about the future and look forward to continuing our tradition of innovation, providing top-tier products to our customers for the next 125 years."

Robertshaw has established itself as a key player in the appliance industry, known for advanced flow control components and systems for various fluids, enhancing safety and comfort in homes worldwide. The ongoing support for the European market reflects the company's desire to sustain operations, fostering local employment and contributing to the advancement of manufacturing excellence in the region.

In conclusion, Robertshaw’s actions demonstrate its unwavering commitment to the European market even amidst significant changes. The company remains focused on leveraging its financial improvements to enhance service offerings and innovation while valuing the expertise and stability provided by its dedicated workforce. As it looks to the future, Robertshaw is poised to continue making strides in technology and product development, ensuring that it meets the evolving needs of its customers in an ever-changing global marketplace.