Opacmare looks to double production
By IBI Magazine
Italy based manufacturer of stainless steel and aluminium accessories Opacmare, has acquired a new industrial site that will allow the company to double its production and commercial activities by the end of the current year.
An agreement was signed yesterday with the American multinational KSS for the acquisition of a plant totalling 23,500 sq m (253,000 sq ft) located next to Opacmare's current facilities (14,500 sq m, 156,000 sq ft). KSS is an automotive components manufacturer that has been operative in Rivalta for many years.
"The acquisition of this area" commented Roberto Sacco, CEO and managing director, "is part of an expansion strategy started two years ago to meet the growing demand of the international marine industry. We'll then have an industrial site of 38,000 sq m (409,000 sq ft) of which 20,000 sq m (215,000 sq ft) are covered. The recently created Opacmare branches in the Arab Emirates and Canada are also part of the same perspective".
Founded in 1995 and registered as a limited company in 2005, opacmare has invested a over Euro 13 million in production sites, research and development, machinery and new technology over the last three years.
The sales and assistance network includes five overseas subsidiary companies (UK, USA, UAE, Spain and Canada), 13 dealers and 60 assistance centres coordinated by Ship Assistance, the company established two years ago to grant shipyards and private owners prompt service by qualified personnel.
The Group's annual turnover has increased by an average of 27 per cent over the last five years and closed at 30 million euros for the year ending 31 December 31 2006 with an estimated Euro 39 million expected for 2007. The current 320 strong workforce includes 250 at Opacmare facilities, 10 at overseas subsidiary companies and a further 60 at the affiliated Italian companies. Thanks to the expansion of the production line a strong increase in human resources is expected: 30 new employees during 2007 and approximately a further hundred by the end of 2008, bringing the total to 450.
(8 June 2007)
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