Swedish company M2 Engineering AB, producer of optical media manufacturing equipment, has announced that it is going to enter into a phase of restructuring of the global operations of the company.

"The general slowdown in demand for optical disc manufacturing equipment has necessitated the re-evaluation of the way the company is organized, both from a financial and operational perspective, says the company. "The primary objective of the restructure is to create a competitive platform from which the company can be developed, using its production facility in Amata Nakorn, Thailand at full capacity.

Carl G Langenskiöld, President and CEO of M2 Engineering says: “The owners and management of M2 strongly believe in the company and its future. As a result of the restructure, M2 will become more competitive in the optical disc industry. In addition, resources will also be made available to develop other business areas using M2’s core technologies.”

M2 is one of the world’s leading manufacturers of optical disc manufacturing systems and equipment for CD, CDR, DVD and DVDR. M2’s equipment includes the SQ1 for CD, the SQ2 and SQ20 for DVD formats and the SQ3 for recordable formats, including both DVDR and CDR production.

M2 has its global corporate headquarters in Stockholm, Sweden, with subsidiaries in the United States, Japan, Thailand, Singapore, Taiwan and The Nederland’s, with sales agents in numerous other important markets.

Story filed 15.04.07