Robertshaw Maintains Commitment to Europe After Slovakia Factory Sale

Robertshaw's European Commitment After Factory Sale

On December 17, 2024, Robertshaw Controls Company, a recognized leader in design and manufacturing, issued a statement concerning its recent plant sale in Trnava, Slovakia. This move, completed in October, underlines the company's steadfast commitment to sustaining its operations within Europe.

Almost immediately following the sale, Robertshaw identified several misleading narratives that circulated in the wake of this transaction. It was crucial for the company to clarify that this sale coincided with a restructuring of its U.S. operations, which allowed it to eliminate approximately $650 million in debt. This strategic decision was aimed at enhancing liquidity and granting the company the financial flexibility needed for future investments aimed at growth and improved customer service globally. The restructuring was conducted independently of the plant sale, and any claims suggesting otherwise are unfounded.

Robertshaw’s continued investment in the European market reflects the significant role it plays in the company’s long-term vision. The sale not only safeguarded the jobs of its 130 employees in Trnava but also allowed them to maintain their positions under the new owner, illustrating Robertshaw’s commitment to its workforce. The company openly recognizes the hard work, experience, and professionalism of its Slovak employees and expresses gratitude for their contributions.

Financial stability is a hallmark of Robertshaw’s 125 years of operation, characterized by continuous innovation and a dedication to producing high-quality products. John Hewitt, CEO of Robertshaw, stated, “Today we employ over 4,800 staff across 14 countries. While much has changed, our pledge to enhance every aspect of kitchen appliances and related products remains resolute. We anticipate a bright future, continuing to develop innovative and high-quality products for our clients over the next 125 years.”

About Robertshaw

Robertshaw Controls Company stands as a global innovator in the production of control components for household appliances. The company provides cutting-edge components and systems for managing the distribution of water, gases, and other liquids, ensuring that they deliver products that significantly improve safety, comfort, health, and happiness in everyday life.

This reaffirmation of commitment to the European market showcases not only Robertshaw's strategic vision but also its deep-rooted responsibility to its employees and customers. As they navigate the challenges of modern manufacturing, Robertshaw is poised to continue being a pivotal player in the appliances sector, with a continued focus on innovation and employee security.