Company's battery recycling plant in Pennsylvania will remain open.
Exide Technologies announced operational changes at two of its three lead-acid battery facilities in Reading, Pa.
The company will close its formation and distribution center operations in a phased approach starting June 7, 2010. The completion of the closing depends on a number of factors, including site maintenance, schedules and order fulfillment, clean-up and closure procedures. Exide Reading’s formation and distribution capacity will be absorbed by other Exide locations.
The Exide Reading battery recycling operation will not be affected.
“More specifically, the decision is a result of the slowdown in the economy, the related impact on original equipment and aftermarket lead-acid battery markets, and the necessity for Exide to rebalance and optimize its production and distribution footprint,” says Bruce Cole, president of the Transportation Americas operating division of Exide.
Exide Technologies operates a total of six battery manufacturing assembly facilities in the United States.