Swiss sewing machine maker ponders Thailand production

Swiss sewing machine manufacturer Bernina is considering relocating production to Thailand. Around 40 out of a total of 334 employees would be affected. +Get the most important news from Switzerland in your inbox United States tariffs and the strong Swiss franc are causing the traditional company in canton Thurgau great difficulties. Bernina generates approximately two-thirds of its revenue in the US. In the autumn, sewing machine manufacturer Bernina announced that seven employees in the assembly department had to leave the company. The reason given was economic difficulties. + Swiss industrial roots hold firm despite strong franc These were attributed to US tariffs – then at 39% – and the strong Swiss franc against the US dollar. The company assembled a task force to continuously assess developments in the US. Bernina has produced high-priced sewing machines from its headquarters in Thurgau since 1893. The company’s products are particularly in demand in the US. Bernina is ... Full story here Are you the author? Previous post See more for 3.) Swissinfo Business and Economy Next post
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