Article
Assa Abloy moves the production unit from Barkan
Assa Abloy...[announces] [t]he production [in Barkan] will be moved...Assa Abloy would also like to take the opportunity to underline that the investment in the Barkan facility was made in 1984, more than 15 years before Mul-T-Lock was acquired. During Assa Abloy's period of ownership of Mul-T-Lock no expansion has taken place and investments have mainly been for replacement of the acquired machine park. Assa Abloy can only in this context regret that the inappropriateness has not been noted internally, during the eight years of ownership, of having a production unit on the West Bank.