25. April 2019 | News, Views & Markets
The end of Lauffenmühle
There is no hope for the traditional company, which is specialized in the production workwear, because no investors were found. The Lauffenmühle with locations in Lauchringen and Lörrach will close on July 31, 2019 and approximately 240 employees at both locations will lose their jobs. In recent years, the company has been in economic turbulence and insolvent on several occasions. According to the company the reason for the closure is the international competition and price war that the textile industry in Germany is suffering from.