Torwegge, Buetfering Restructurings Gain Employee Approvals
SCHOPFLOCH, GERMANY - Homag Group reached agreements with the works councils of its subsidiary companies Buetfering Schleiftechnik GmbH, Beckum, and Torwegge Holzbearbeitungsmaschinen GmbH, Löhne, as well as with the its own works council on the terms for a planned restructuring. The plan includes closing three of the Homag Group's 11 production facilities.