Swiss Cement Firm Holcim Abandons Holderbank Site After 114 Years

(MENAFN- Swissinfo) Holcim will close its historic Holderbank site in the canton of Aargau in 2026.

This content was published on July 3, 2024 - 10:19 2 minutes

• Français fr Holcim abandonne son site à Holderbank, après 114 ans Original Read more: Holcim abandonne son site à Holderbank, après 114 an

The 200 or so employees will move to the company's headquarters in Zug. Those affected have been informed, the building materials giant said on Wednesday.

The transfer of operations to Zug marks the end of Holcim's presence in the Aargau town where the company was born 114 years ago and whose name it originally took. Holcim explained that the move to the head office was intended to improve collaboration between employees and the various departments.“The merger of site and offices will not result in any downsizing. There will be no redundancies,” the cement maker assured.

+ Concrete: the building material of the 20th century

“We support all employees in their move to Zug,” said a company spokesman interviewed by the AWP news agency. Holcim offers financial support to those concerned for their commute to work or change of residence.

Prior to the transfer of employees, the Zug headquarters will be renovated and expanded. The spokesman said that in future, more than 400 people would be working at the Zug site.

Translated from French by DeepL/ac

This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.

If you want to know more about how we work, have a look here , if you want to learn more about how we use technology, click
here , and if you have feedback on this news story please write to ...

External Content Your subscription could not be saved. Please try again. Almost finished... We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you. Daily news

Get the most important news from Switzerland in your inbox.

Daily

Email

The SBC Privacy Policy provides additional information on how your data is processed.

I consent to the use of my data for the SWI swissinfo newsletter.

Popular Stories More Foreign affairs Magnitsky case: How Switzerland failed to investigate Russian millions Read more: Magnitsky case: How Switzerland failed to investigate Russian millions More Workplace Switzerland 'Swatch has no competition' in its Swiss-made watch segment Read more: 'Swatch has no competition' in its Swiss-made watch segment More Banking & Fintech Switzerland could lose wealth crown to Hong Kong, UBS chief warns Read more: Switzerland could lose wealth crown to Hong Kong, UBS chief warn More Alpine Environment How Switzerland is trying to defeat extreme weather events Read more: How Switzerland is trying to defeat extreme weather events More Life & Aging Swiss discover a love of camping – but at what price? Read more: Swiss discover a love of camping – but at what price Most Discussed

MENAFN03072024000210011054ID1108404186