UPM Raflatac RFID Business Area has concluded the employee negotiations

Archive 26.6.2009 0:00 EEST

(UPM, Tampere, 26 June 2009 at 13:30) – UPM Raflatac RFID Business Area has concluded the employee negotiations, started in May.

As communicated earlier, UPM Raflatac will turn the Jyväskylä facility in Finland into a development centre equipped with special resources for global product and process development as well as for piloting new products. The actions are estimated to be completed by the end of March 2010.

As a result of the decisions the production of RFID tags and inlays will be transferred from Jyväskylä to Guangzhou, China, and to Fletcher, North Carolina in the USA. The number of employees will increase in Guangzhou and decrease in other locations. The total number of employees of the RFID business will be reduced by around 25 persons.

For more information, please contact:
Mr Christer Härkönen, Senior Vice President, RFID, UPM Raflatac tel. +358 50 569 3342

About UPM Raflatac
UPM Raflatac, part of UPM’s Engineered Materials business group, is one of the world’s leading suppliers of self-adhesive label materials and the world’s number one producer of HF and UHF radio frequency identification (RFID) tags and inlays. UPM Raflatac has a global service network consisting of 14 factories on five continents and a broad network of sales offices and slitting and distribution terminals worldwide. UPM Raflatac employs 2,600 people and made sales of approximately EUR 1 billion in 2008. Further information is available at www.upmraflatac.com.