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Invacare confirms move to France

Invacare confirms move to France

ELYRIA, Ohio - Invacare will transfer production of Kschall manual wheelchairs from its facility in Witterswil, Switzerland, to its facility in Fondettes, France, by the end of the third quarter of this year. The move, which will allow the company to better optimize its facility in France, is expected to generate an incremental$1.7 million in annualized pre-tax savings in the Europe business segment. The front office of the Swiss facility will remain open, continuing to serve as Invacare's European headquarters and research and development center, as well as its Swiss sales office. Invacare had made known its intention to relocate in a Form 8-K but it first had to complete a “consultation procedure” with potentially affected employees per Swiss law. Invacare has already shifted production of its Rea manual wheelchairs from its facility in Do, Sweden, to its facility in France.

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