Align Technology Inc, San Jose, plans to close its CAD/CAM facility in Carstadt, NJ, by the third quarter of 2012. This was formerly the headquarters of Cadent Inc, which Align acquired earlier this year.
Align’s plans include consolidation of CAD/CAM services and scanner customer care into Align’s existing shared services organization in San Jose, Calif, and Costa Rica; transition of CAD/CAM services and scanner distribution and repair to San Jose, Calif, Costa Rica, and Juarez, Mexico; and consolidation of accounting and finance functions at Align’s corporate headquarters in San Jose, Calif.
In an announcement from the company, Thomas M. Prescott, president and CEO of Align, said, "After acquiring Cadent, our initial integration focus was on identifying revenue synergies and leveraging Align’s sales and marketing resources to better drive and support go-to-market initiatives for iTero and iOC scanners. Now, with the bulk of integration well under way, we can accelerate other initiatives such as enhancing the customer experience, improving operational efficiency, and reducing costs. … Once the consolidation is complete, we expect to realize annualized net savings of approximately $4.0 million per year."
The closing of the Cadent facility will mean a loss of 119 full-time jobs in New Jersey. Align had a regular employee base of approximately 2,400 worldwide.
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