Stadler plans to build a new and efficiency-optimised production plant in St.Magrethen. According to a Stadler statement, the final decision on the precise location will be made by the board of directors “after the summer holidays”.
The move to the new site is precipitated by an existing pressure on margins. By choosing St.Margrethen, Stadler is making a clear commitment to keeping its workforce in Switzerland and the tri-border area. The company from the St.GallenBodenseeArea also plans to increase rail vehicle production efficiency at the new site.
Under the terms of a settlement reached with the owner of the Altenrhein site, Swisscanton (CH) Real Estate Fund Swiss Commercial, for the transitional period, Stadler will continue to use the area until 2020 and continue with production at an unrestricted level.
After the planned move to St.Margrethen, some 50 to 70 Stadler employees will remain in Altenrhein where they will focus on carriage body construction.