PKC Group Oyj - Company Announcement

PKC GROUP OPTIMISES ITS MANUFACTURING FOOTPRINT IN NORTH AMERICA

PKC Group Plc        Company Announcement   7 January 2014  11.00 am



PKC GROUP OPTIMISES ITS MANUFACTURING FOOTPRINT IN NORTH AMERICA



PKC has decided to close the factory in Nogales, Mexico in order to further
adapt and align its manufacturing capacity to the North American customer base.
The Nogales production shall be transferred to PKC's existing facility in
Torreon, Mexico. 



The action taken is related to current light vehicle program build-outs in
North America and PKC's focus on maximising its opportunities in the current
core customer segments. 



Currently, Nogales employs approximately 700 persons. The related non-recurring
items are estimated to be approximately EUR 3.6 million on an after-tax basis.
The estimated annual savings are approximately EUR 2.0 million on an after tax
basis from 2014 onwards. These measures are expected to be completed in 2014. 



PKC GROUP PLC



Board of Directors



Matti Hyytiäinen

President & CEO



For more information, please contact:

Matti Hyytiäinen, President & CEO, PKC Group Plc, tel. +358 (0)400 710 968





DISTRIBUTION

NASDAQ OMX

Main media

www.pkcgroup.com





PKC Group is a global partner, designing, manufacturing and integrating
electrical distribution systems, electronics and related architecture
components for the commercial vehicle industry and other selected segments. The
Group has production facilities in Brazil, China, Estonia, Finland, Germany,
Mexico, Poland, Russia and the USA. The Group's revenue in 2012 totalled EUR
928.2 million. PKC Group Plc is listed on NASDAQ OMX Helsinki Ltd.