Electronics Production | May 23, 2005

De La Rue: "40 % Cheaper in China"

According to the labor union Metall's vice head Anders Weinstock, De La Rue stated that a move to China gives the company a yearly save of 72 million SEK(€7.8 million ).
CEO of the company Håkan Persson doesn't want to confirm that numbers but says to the news paper "Dagens Arbete" that a move of the manufacturing to China results in a 40% reduction in costs, mainly related to lower labor costs and lower material prices.

De La Rue will continue it's manufacturing of two important products in the Swedish village of Flen.


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