Exel Composites continues its strategy implementation as planned by starting strategic factory review in Belgium
EXEL COMPOSITES PLC INSIDE INFORMATION 15 JANUARY 2024 at 09:15 EETExel Composites published its new strategy on 2 October 2023 including the plans to conduct a strategic review of three factories to define their role and necessity in the new operating mode. Exel completed the first of these reviews on 19 October 2023 by refocusing the role of the factory in the United States. Exel has now decided to start a strategic review of its operations in Belgium. Exel expects to give an update on the progress of the review during the first half of 2024. For further