Alcon Announces Expansion of Swiss Operations

Alcon, Inc. (NYSE:ACL) announced that it expects to establish Fribourg, Switzerland as the central location for an expansion of the company's Swiss-managed global administration operations. Alcon, which is based in Switzerland, expects this expansion to include the relocation of finance, information technologies, logistics and other centralized administrative operations from Huenenberg to Fribourg and the establishment of a new European area and marketing management center in Geneva. Alcon would remain resident in Huenenberg, Switzerland, from where local Swiss sales and marketing activities would continue to be managed. No changes are contemplated for its Grieshaber manufacturing...

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