NEW YORK NV
Bekaert SA is closing its Surrey, British Columbia, facility
due to an exodus of customers to other parts of North America,
the company announced Nov. 6.
The plant, which
produces steel wire for various industrial applications, has
seen customers leave the area at the same time imports to the
region from Asian countries have increased, eroding its market
"The industries in our
sector have not developed positively in northwest North
America, and lots of customers in the region have shifted
operations to other areas or ceased operations. Its not
the best area for our production sectors. We believe we can
deliver customers in North America from other sites," a
spokeswoman for the company told AMM.
Bekaert has six other
major production plants in North America, including two
facilities in Arkansas, one in Kentucky, one in Ohio and one in
Although the schedule
for the plants closure will be the subject of
negotiations with employees, the spokeswoman said the plant
will close in phases in 2014.
Belgium-based company does not plan to reduce its overall
output in North America, but instead will reallocate production
to other North American plants, AMM understands.
The Surrey plant has
110 employees, according to a statement from the company,
though Bekaert declined to disclose the facilitys