Specialty chemical maker H.B. Fuller Co. said Thursday it will close six factories by mid-2013 and cut 130 jobs across its North American adhesives business as it integrates the recently acquired business of Forbo Group.
The moves will have no impact on Vancouver-based Adalis Corp. — which is owned by H.B. Fuller — said Kimberlee Sinclair, a spokeswoman for H.B. Fuller. Adalis manufactures materials used to reinforce packaging for shipping purposes.
H.B. Fuller said many of its operations duplicated those it bought from Forbo Group. The company is evaluating its operations in Europe, the Middle East, Africa and Asia and could announce further cuts in those areas.
H.B. Fuller completed its acquisition of Forbo Group’s adhesive operations last month in a deal valued at roughly $394 million. It bought operations that generated about $580 million in revenue during 2011.
