Alcatel-Lucent transfers Trieste plant to Flextronics
Alcatel-Lucent has formalised the transfer of its optical transport manufacturing plant located in the northeastern Italian city of Trieste to Singapore-based electronic manufacturing services company Flextronics after reaching a binding agreement with trade unions.
Under the terms of the deal, the Trieste plant will continue to supply Alcatel-Lucent with optical transport products, while expanding into new markets and diversifying its customer base. The agreement also guarantees jobs for the plant’s 674 employees (304 permanent and 370 temporary), with Flextronics undertaking not to implement any collective redundancies for at least five years. The transfer will take place on 01 July.