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Husqvarna to Shift Some Battery-Product Production to Asia as Q3 Swings to Loss

Husqvarna said it would move production of some battery-powered handheld products from Europe to Asia. Its third-quarter operating result swung to a loss.

HUSQA

Swedish garden equipment maker Husqvarna (OMXSTO:HUSQ_A) said on Wednesday that it would move production of some battery-powered handheld products from Europe to Asia, as its third-quarter operating result turned to a loss. The company had started moving production of certain products from China to Europe…