iVIGA Tap Factory Supplier
Op it stuit, countries around the world have introduced preventive and control measures, en de nije kroanpneumony-epidemy stabilisearret stadichoan yn 'e measte regio's, but the impact of the epidemic on the global economy continues. Recent, a number of bathroom and cabinet companies around the world have gone bankrupt, personiel ûntslein en harsels ôfkamen fan oare bedriuwen. Under harren, ynklusyf mear as 90 jierren Dútslân Alno Aino kabinet, Spanje Roca Group, de Feriene Steaten kabinet bedriuw Corsi Group, it Feriene Keninkryk badkamer bedriuw Casselie. in protte Sineeske badkeamer bedriuwen ek sein dat de earste helte fan 'e oarder surge, mar net fertsjinje jild. Yn 'e hjoeddeistige wrâldwide ekonomyske situaasje, de ûntwikkelingsperspektiven fan 'e yndustry, hoe de folgjende stap foar bedriuwen te nimmen, it is it wurdich te tinken oer bedriuwen.
German cabinet brand Neue Alno will end its operations at the end of September after failing to find a new buyer following its bankruptcy
Recent, Nij Alno, in Dútske keuken fabrikant oprjochte yn 1927, is der net yn slagge om in nije ynvestearder te finen en it management hat oankundige dat it bedriuw ein septimber einiget mei syn wurksumheden. Dit betsjut dat 230 employees at its Pfullendorf factory will lose their jobs and the management has said that it may set up a forwarding company to help the employees find new jobs.
The company said that existing orders would be fulfilled by the end of September, following negotiations with customers. Management, ûnder lieding fan mienskiplike direkteuren Michael Spadinger en Jochen Braun, sei, “Despite extensive talks with potential investors, spitigernôch gjin ynvestearders koenen wurde fûn. Troch de ekonomyske situaasje, it bedriuw kin net op himsels trochgean.”
Trije jier lyn, de Britske ynvestearder Riverrock naam Neue Alno GmbH sûnder skuld oer. lykwols, ûnder oare dingen, it management slagge der net yn om te ynvestearjen yn nije produksjefoarsjennings. De pleatslike boargemaster hat it in ramp neamd dat Neue Alno twongen wurdt om syn operaasjes te stopjen.
British bathroom company Cassellie in receivership after bankruptcy, 35 ûntslaggen
Op 8 spetimber, Leeds, England-based bathroom supplier Cassellie declared bankruptcy and was put into receivership, along with 35 ûntslaggen, following supply chain disruptions and trade disruptions caused by the New Crown pneumonia outbreak.
Earder, it bedriuw hie in keaper socht, mar sûnder súkses. No, Clare Boardman en Adrian Berry, senior direkteuren fan Teneo Restructuring, binne beneamd as Cassellie's ynsolvensjebehearders.
De produkten fan it merk wurde levere oan in ferskaat oan ûnôfhinklike en nasjonale badkeamerhannelers en distributeurs, it oanbieden fan in wiidweidich oanbod fan produkten út baden, douches en bassins oan accessoires. Co-administrator Clare Boardman sei: “This has been a very challenging time for all shareholders and in particular the staff of Cassellie. Nettsjinsteande de bêste ynspanningen fan de direkteuren, it bedriuw is net yn steat om har operaasjes te behâlden.”
“Dêrtroch, op it momint fan 'e beneaming, we had no choice but to, unfortunately, make 35 ûntslaggen. Our current focus is on supporting staff during this difficult period and trying to help meet the needs of our long-term customers in the short term.” The company will continue in receivership management for a short period of time as part of a managed winding up program.
Roca Group Spain completes divestment of tile business
Lamosa Group (Meksiko) recently completed the acquisition of Roca Group’s tile business for approximately US$260 million. The transaction between Grupo Lamosa and Roca was approved by the General Meeting of Shareholders and will be financed by a US$200 million bank loan for debt. It giet om sân banken mei in gemiddelde doer fan 4.3 jier en in ferfaldatum fan fiif jier. It oerbleaune diel fan it bedrach sil wurde finansierd troch de eigen fûnsen fan 'e La Mossa Group.
It is de muoite wurdich op te merken dat dizze saaklike oankeap ek de INCEPA fan 'e Roca Group omfettet, USCT en GALA merken. Lykas earder rapporteare troch bûtenlânske media, the transaction involves the transfer of two factories of the Roca Group located in Campo Largo and São Mateus do Sul in Brazil and the Spanish subsidiary Cerámicas Belcaire located in Castellón. it is after the completion of the acquisition that the Roca Group’s tile business in Spain is divested.
Caesar Sanitary Ware Vietnam factory. Porcelain capacity forced to drop by 50%, tap by 60%
Hsiao Jun-xiang, chairman of Caesar Sanitary Ware, a bathroom brand in Taiwan Province, recently revealed that Caesar Sanitary Ware’s Vietnam factory was reduced by 29% in July because of the impact of the epidemic in Vietnam. Yn augustus, there was an even bigger drop of 60%. It is expected that in the third quarter, the performance in Vietnam will drop considerably. Xiao Junxiang said that Ho Chi Minh City is under a state of closure, requiring people not to step outside their homes. Everyone’s food and drinks are brought to them by the army. Danang and Hanoi also have a curfew after 6pm and people are not allowed to leave their homes. The overall epidemic in Vietnam does not appear to be under control at all, and although the Vietnamese government has announced that the city will be closed until September 15 and will not improve before opening, the consequences are unpredictable.
Kaiser Permanente has more than 1,400 arbeiders yn Fietnam, but many of them are reluctant to work in the factory due to the implementation of the “three localities”. Xiao Junxiang pointed out that the porcelain factory’s current production capacity has dropped by 50% and the faucet factory by 60% compared to normal levels. The number of employees in the bath cabinet factory is even more than 16 from the original 70 folk, and the production capacity has plummeted by more than 70%. lykwols, because of the safety stock production in the past, nettsjinsteande de epidemy, it porslein fabryk kin noch leverje oer 2.5 months and the leading factory about 3 moannen, but the bath cabinet factory is very short. Although the maximum monthly production capacity has increased from 2-3,000 yn it ferline oant hast 7,000, there is no one to produce, but fortunately, der binne 2 co-operative manufacturers in Taiwan who can be added as reserve factories. Taiwan’s revenue will not be affected, but Vietnam will be more seriously affected.
Neist it fabryk yn Dong Nai, there are also branches in Ho Chi Minh, Da Nang en Hanoi. Hsiao pointed out that the Ho Chi Minh branch has not even had a dollar of turnover for a long time, while Da Nang and Hanoi are open and closed, although there is still some slight turnover, de totale tredde kwart fan Fietnam sil wêze frij unpromising.
Polish Plumbing Hardware Company Capricorn SA To Be Acquired By Finnish HVAC Giant Uponor
Finske HVAC-gigant Uponor is fan doel alle útjûne oandielen te krijen fan it Poalske loodgieter- en hardwarebedriuw Capricorn SA. lykwols, gjin details fan 'e transaksje binne bekend makke en de oername wurdt ferwachte dat se binnen de kommende moannen foltôge wurde.
Yn 2020, Capricorn sil nettoferkeap hawwe fan tichtby EUR 25 million and will have around 400 meiwurkers. Nei ôfrin fan 'e transaksje, Capricorn will be integrated into Uponor’s European building solutions, Capricorn SA is a Polish manufacturer of heating and sanitary equipment components. According to reports in the press, Uponor’s acquisition is linked to the difficult development of its joint venture company Phyn LLC, in bedriuw foar tûke wetteroplossingen. They intend to improve market access in Poland and Eastern Europe by withdrawing from Phyn LLC and at the same time by acquiring Capricorn.
Wow ownership of US cabinetry business Corsi Group transferred to Mark Earl
Amerikaanske kabinetbedriuw The Corsi Group hat de oerdracht fan eigendom fan it bedriuw oankundige fan Pat Corsi nei Mark Earl, dy't yn de oergongsperioade as adviseur fan The Corsi Group optreedt. De oerdracht is effektyf op 31 augustus en de betingsten fan 'e oerdracht wurde net bekend makke.
Pat Corsi, the founder of The Corsi Group, sei: “It hat in foarrjocht west om mei guon fan 'e moaiste meiwurkers te wurkjen, leveransiers, ferkeapfertsjintwurdigers, distributeurs en ûntwerpers yn 'e cabinetry yndustry oer it ferline 48 jierren. Ik wit dat Mark it bedriuw nei nije hichten bringe sil en ik haw alle fertrouwen dat it managementteam goed funksjonearje sil mei syn proses-rjochte oanpak.”
De Corsi Group hat makke kasten op maat foar 48 jierren. It bedriuw syn twa merken, Greenfield Cabinets and Siteline Cabinets are distributed to approximately 500 dealers / ûntwerpers yn de hiele Feriene Steaten. All cabinets are manufactured in the company’s two facilities located in Indianapolis, Indianapolis en Elkins, West Virginia.
Orders soar for Jiangmen sanitary ware companies, but no money made?
In pear dagen lyn, kitchen and bathroom information was held in Jiangmen, “de 15. China Kitchen en Bathroom Industry Summit Forum Jiangmen produksjeomrade tariedende gearkomste”. Many sanitary ware enterprises reflect, because of foreign epidemic prevention and control, the industry chain is interrupted, and orders back to the flow. Yn 'e earste helte fan it jier, there was a surge in orders. Yn it gefal fan tanimmende kosten fan grûnstoffen en oare kosten en tekoart oan konteners, bedriuwen hawwe net folle winst fertsjinne. Individual companies even appeared to refuse orders in order to reduce production pressure.
Yn 'e kontekst fan' e wrâldwide situaasje fan 'e nije kroan-pneumony-epidemy is noch altyd slim, the supply chain of the bathroom industry chain exposed the vulnerability of the impact of multiple factors such as rising raw material prices, container shortages, soaring shipping costs, the cost of enterprises rose sharply, but also brought a very large production and management risks and challenges. Hoe kinne jo dizze epidemy trochjaan, ferbetterje it fermogen fan bedriuwen om stress te wjerstean en risiko om te gean, sanitary ware enterprises need to do the next step in thinking.
