Binderholz: Hallein site will be shut down end of March

The Binderholz Group will terminate production in the Mdf plant in Hallein/AT by the end of March. Hans Binder, owner and Ceo of Binderholz group deeply regret having to go down this lane. He added that in the past few years everything had been done to avert the plant closure.
MDF Hallein was established in 1999 by the Binderholz Group, Fügen/AT, Tirol. The location has been struggling with very high costs for industrial wood and wood chips.
In recent years restructuring measures have been taken by the Binderholz Group and the financing bank. Despite these efforts, the company could not achieve the turnaround due to continuing adverse conditions.
The closure of the plant directly affects 111 employees. Binderholz has expressed their intentions to employ them somewhere else within the Group – wherever possible. If this cannot be done, they will be assisted in finding another job in the region.