25/03/20

UPDATE ON TEMPORARY CLOSURE OF PLANTS

Uboldo (Va) –  March 25, 2020. LU-VE Group announces that following the issuing of the  Decree of the President of the Council of Ministers of 22 March 2020, due to force majeure, starting from midnight of March 25 until April 3, production will stop at the plants of LU-VE Exchangers and MANIFOLD (Uboldo, Varese), TGD (Travacò Siccomario, Pavia), AIR HEX (Alonte, Vicenza ) and SEST (Limana, Belluno), in order to contribute to the common effort to contain the spread of the virus.

SPIROTECH plant in Bhiwadi (Rajasthan, India) and the former Alfa Laval site in Sarole (Maharashtra, India) will also be closed until April 14, accordingly to the order issued by the Government of India. SEST LU-VE plant in Lipetsk (Russia) will be closed from March 30 to April 5.

For Italian plants, the shipping service (limited to products manufactured by March 23 and spare parts) and goods receipt service will both remain active.

TECNAIR (Uboldo, Varese) will continue to manufacture only the products for urgent orders, required for the fight against Covid-19.

Production proceeds regularly in the factories of HTS (Novosedly, Czech Rep.), SEST LU-VE Gliwice (Poland), LU-VE AIA Asarum (Sweden), FINCOIL LU-VE Vantaa (Finland) and ZYKLUS (Jacksonville, Texas, USA). However, we do not exclude the possibility that, in the coming weeks, the various national authorities will take measures to suspend production.

Our commercial network, both Italian and international, and all branches, commercial and representative offices are operational (via remote working). The purchasing offices will also remain active, both centrally and peripherally.

We will share updated forecasts and closure/reopening plans with you in a timely manner, so that you can plan your activities accordingly, for maximum common benefit.

For information, please contact your usual LU-VE Group contacts.

Again, we would like to thank you for the commitment you have shown to LU-VE Group, in this particularly difficult period.

Together we will return stronger than before.