Overview
- The supervisory board approved the closure one day before the company’s January 27 announcement.
- Seventy-five employees are affected, with negotiations on an Interessenausgleich and a Sozialplan to set compensation.
- KBA cited an outdated machine park and an expiring lease as reasons within a broader consolidation to preserve competitiveness.
- Part of the tooling will be transferred to the Würzburg headquarters, where certain refurbishment work will be handled.
- The Frankenthal site, operated by Albert Frankenthal GmbH, dates to 1861 and holds significant local industrial heritage, the mayor noted.