Global Edition

 

RJ close Italian subsidiary

2.00pm 21st January 2005 - Corporate

Textron-owned Ransomes Jacobsen Ltd, the Suffolk based turf maintenance equipment manufacturer, has announced the closure of its Italian subsidiary company, Ransomes Jacobsen S.r.l
Managing director of Jacobsen International, Stephen Chicken, explaining the rationale behind the closure said, “Our preferred method of distribution, wherever possible here in the UK and throughout our international territory, is to have strong third party distributors taking our product offering to our valued end user customers. This allows us to concentrate on our core business, which is the manufacture, wholesale and after sales support of our products.
“As such we have instigated the closure of our Italian branch and are in the process of appointing independent distributors for the area. We shall be issuing further information when all contractual matters have been concluded.”
Textron Inc. (NYSE: TXT) is a $10 billion multi-industry company with more than 43,000 employees in 40 countries. The company leverages its global network of aircraft, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft, Kautex, Lycoming, E-Z-GO and Greenlee, among others. More information is available at www.textron.com.

       

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