TriVista facilitated the closure of a US owned Manufacturing Facility in China.
A private equity owned sporting goods manufacturer was experiencing declining margins and excess capacity at their China production facility. Smaller production volumes, poor inventory management and shrinking profits necessitated the closure of their full-scale production facility. TriVista was retained to facilitate and manage the shutdown and transfer the remaining inventory, supply chain and production back to the US headquarters. Multiple levels of negotiations were necessary to keep labor unions, government officials, and interested parties all satisfied during the closure.
TriVista’s team of operations experts led Chinese negotiations between all parties and coordinated the efforts to ensure that terminated employees were adequately compensated, suppliers were notified of the facility closure, and suitable legal counsel and financial assistance were available. Throughout the process, on-the-ground project management, constant communication and oversight was necessary to keep the project on schedule and on target for the following items:
To read the full case study and learn about TriVista’s impact, please download case study on left