17 February 2015
17 February 2015
Gurit has merged Engineered Structures and Automotive to form the new Composite Components business unit focused on land transportation component applications in the premium automotive, bus and rail markets.
From a sales reporting perspective, Gurit now subdivides its business into Composite Materials, Composite Components and Tooling. From a strategic perspective, it explains it will transform the automotive section of its Newport facility in the mid-term into a technology centre with product development, prototyping and production of smaller volume specialty manufactured components. The Hungarian site is projected to be more of a volume manufacturing site for pressed and manual components with a higher degree of automated production lines and technologies.
To achieve this industrialisation level in Hungary, Gurit is launching an almost CHF 6 million investment program during 2015 at the company`s existing production facility in Hungary. The investment is aimed at supporting the setup of substantially automated production lines for automotive components as a manufacturing base for the latest project win as well as series production of future automotive projects in Europe.
With regard to personnel, Gurit plans to reduce headcount at its facility in Newport, Isle of Wight, UK. The proposed reduction of 80 – 90 staff during March – April 2015 results from expiration of a customer project and the associated lower workload for manually manufactured automotive parts. Start of a recently announced new automotive project will only commence in Q4-2015. Gurit estimates that restructuring cost for the socially acceptable downsizing and associated measures will amount to approximately £300.000.
Siniat’s newly launched Securtex integrates Chomarat laid glass scrim into its gypsum plasterboard. According to the dry construction material specialist, it is the first plasterboard-only system certified to Loss Prevention Standard (LPS) 1175 and accredited by the Secured by Design Police Initiative.
Near Glendale, California, sits a brand new multi-story housing complex which blends outdoor living with industrial style. The complex provides studio, one-, two-, and three-bedroom floorplans to those interested in urban living.
Holland Composites has been selected to speak at the 2019 Composites in Construction Conference this year in Amsterdam, Netherlands.