The Finnish forest-based bio-industry company UPM´s Adhesive Materials is planning to discontinue label materials production at its Nancy factory in France, said the company in a press release on Thursday.
The plans would affect a maximum of 82 positions.
“These planned changes aim at supporting our growth by improving the overall profitability of our operations and maximizing synergies. The Nancy site is planned to be transformed to a distribution terminal to continue providing world class service to our customers in Western Europe,” said Tim Kirchen, Executive Vice President, UPM Adhesive Materials.
UPM Adhesive Materials provides high-performance, innovative self-adhesive products, including label materials, graphics solutions, and specialty tapes, as well as reliable services close to customers.
It is one of UPM’s fastest-growing global businesses employing around 3,200 professionals. In 2024, our sales reached nearly €1.6 billion.
- UPM
- Stops
- Materials production
- France
Source: www.dailyfinland.fi
