Amer Sports plans to close its golf ball production plant in Humboldt, Tennessee on December 14, 2007. The owner of the Wilson brand will outsource all golf ball production in the future.
The Finnish company said these reorganization measures will reduce in total approximately 100 staff positions and are expected to provide annual operating savings of approximately $5 million U.S. dollars per year. The one-time costs are estimated to total $4 million US dollars.
In Japan, Amer Sports Japan Inc. and Kasco Inc. have announced a distribution agreement for the Wilson Golf business. Kasco will begin to distribute and license Wilson Golf products as of January 1, 2008.
Besides Wilson, Amer owns Salomon, Precor, Atomic and Suunto.
