CommScope, Inc., a global leader in infrastructure solutions for communications networks, plans to reduce its workforce by approximately 110 people at its Connectivity Solutions Manufacturing Inc. facility in Omaha. The layoffs will take effect in March and reduce the facility’s workforce to fewer than 400 people.
CommScope also is analyzing options for the facility’s future as it works to become more efficient and protect the profitability of its business. These options include expanding the use of contract manufacturers and potentially closing the Omaha facility and relocating production to other, lower-cost, CommScope locations.
“A combination of difficult circumstances—including facility underutilization, high labor costs, customers’ spending slowdown and their demand for lower-cost products—is causing CommScope to consider all options for serving our customers, while simultaneously protecting the profitability of our business,” said Eddie Edwards, president and chief operating officer, CommScope. “These actions are difficult yet unavoidable, and we regret the potential impact on our employees.
“We remain committed to global competitiveness and outstanding service to our customers. As we analyze manufacturing alternatives, we intend to ensure that customers continue receiving the superior service that they have come to expect from CommScope.”
The drive to become more competitive and challenging global conditions also have affected a number of CommScope’s other facilities. In the past two years, CommScope has reduced workforces globally and closed facilities in Australia, Belgium, Brazil, England, Italy and the US in order to reduce cost and protect profitability.
About CommScope
CommScope, Inc. (NYSE: CTV)( www.commscope.com) is a world leader in infrastructure solutions for communication networks. Through its Andrew Solutions™ brand, it is a global leader in radio frequency subsystem solutions for wireless networks. Through its SYSTIMAX® and Uniprise® brands, CommScope is a world leader in network infrastructure solutions, delivering a complete end-to-end physical layer solution, including cables and connectivity, enclosures, intelligent software and network design services, for business enterprise applications. CommScope also is the premier manufacturer of coaxial cable for broadband cable television networks and one of the leading North American providers of environmentally secure cabinets for DSL and FTTN applications. Backed by strong research and development, CommScope combines technical expertise and proprietary technology with global manufacturing capability to provide customers with infrastructure solutions for evolving global communications networks in more than 130 countries around the world.
This press release includes forward-looking statements that are based on information currently available to management, management’s beliefs, as well as on a number of assumptions concerning future events. Forward-looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, which could cause the actual results to differ materially from those currently expected. For a more detailed description of the factors that could cause such a difference, please see CommScope’s filings with the Securities and Exchange Commission. In providing forward-looking statements, the company does not intend, and is not undertaking any obligation or duty, to update these statements as a result of new information, future events or otherwise.
News Media Contact:
Rick Aspan, CommScope
+1 708-236-6568 or publicrelations@commscope.com
or
Investor Contact:
Phil Armstrong, CommScope
+1 828-323-4848