Sale of STI Precision Machining (Changshu) concluded

Arbon, 29 September 2014 – The sale of STI Precision Machining (Changshu) Co., Ltd., headquartered in Changshu, China, to FFG Finanzierungs- und Factorings AG, Balgach, Switzerland, which had been announced in June 2014, has been carried out as expected. The local Chinese authorities have granted their approval to the sale.

Rudolf Graf
Chairman of the Board of Directors and interim CEO
T +41 71 447 45 46

Fabienne Zürcher-Rohner
Manager Corporate Communications
T +41 71 447 45 54


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