FULDA, Germany - The new head of German supplier Edag says he has created a new business structure to better cope with fluctuations in auto industry demand.
The company has slimmed down to two units from three divisions that previously covered product engineering, production engineering and production.
The new structure will help the firm react "more quickly and with a greater customer focus," said Hemjö Klein, a former Lufthansa executive who became Edag chairman February 18.
All Edag engineering activities are now in a new engineering unit. Plant and production-related activities are in a manufacturing unit.
Edag reported sales of E572 million last year. More than 75 percent of that business is from the auto industry.
The company also created a new unit to expand its aviation business activities.