Siliken, a developer and manufacturer of PV products with headquarters in Spain, has started consolidate its production and business units as well as its R&D and innovation activities as part of a global restructuring plan designed to improve the company’s competitiveness and strengthen its product offerings.
As part of the restructuring plan, which was launched at the start of the year, Siliken has closed its module production arms in Casas Ibáñez, Spain, and Ontario, Canada. Most recently, the company implemented a Labour Force Adjustment Plan at its factory in Rafelbuñol, Spain, which led to the closure of its non-automated line. As a result, the company faced a series of protests from the workers demonstrating against the lay-offs. It is believed that Silken has until December 31 to make the remainder of the lay-offs at the factory. Siliken also plans to terminate production at its Tijuana plant in Mexico in the near future.
As a result of the closures, all modules will be produced in the Siliken factories in Spain and Romania in order to reduce costs and improve its market positioning. The restructuring plan is expected to be fully implemented by the end of the year.
Commenting on the consolidation plans, Carlos Navarro, president of Siliken, explained, “The current situation requires being more efficient regarding our strategic business lines, which are the production and sales of modules. In today’s market scenario, neither Tijuana nor the manual lines in Valencia, Spain, or in Canada previously, were economically viable. With the new structure Siliken will improve productivity and service level in our plants and guarantee, even better still, our response to the demand in all market segments: Residential, Commercial and Utility.”
Navaro added that “with the implementation of this restructuring plan, which will finish at the end of this year, Siliken will be more agile and competitive and able to guarantee its client service commitment and the quality of its products. This will boost our growth in the US and the rest of the countries where Siliken has presence”.