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Izar supera los 21 millones de euros facturadosThe figure represents an increase of more than 10 per cent over the previous year
Fly over 21 million euros invoiced
IZAR - Amorebieta S.A.L. Tools, cutting tool manufacturer, held on 12 January the annual Convention of sales which was attended by close to fifty of their national representatives as well as a wide representation of their markets French and Portuguese.
The framework chosen this time to that Convention was the Gran Hotel Durango, located in the historic country of the same name town, although there was also time at the end of the day to visit the new premises that Izar is building in the Industrial Estate of Boroa-Amorebieta: a plant for the manufacture of next generation of land of 24,000 square meters which will replace the centuries-old current factory, and that it will help to consolidate the position of leadership to the Basque firm for many years.
Carlos Pujana, explains what will be the new factory.
End of year and forecasts for the new factory
The day began with a brief presentation by Carlos Pujana, Managing Director of Izar, on the closure of the 2006 fiscal year, which we can summarize that for the first time in its history Izar passed the barrier of invoiced EUR 20 million, and in addition he did brilliantly, as even surpassed the 21 million representing an increase of more than 10 per cent over the previous year; all this despite the ballast which has resulted in the increase in price of raw materials.
Another chapter of the statement of the Managing Director of the company was the new factory of Boroa, whose construction is expected to end in July this year for a from there to gradually make the relocation of offices, warehouse and workshop, to be completed in the month of November.
We must have an impact on the transfer to the new plant is to also raise the total reorganization of its production process, in order to be more focused to the needs of its customers and efficiency in the service. So, hoist will be invested between 2005 and 2008 the sum of 18.5 million euros in Boroa, which turn it into a more modern Europe cutting tool manufacturing plant.
On the other hand, the national sales manager Manuel Arada gave a brief explanation of the changes of design and of product, to finally focus on the new website of Izar (www.izartool.com), which changed its design in the middle of January
Related Companies or Entities
Izar Cutting Tools, S.A.L.