Duratex is going to remain with the farm for the raw material production, which is behind the Itapetinga unit of Duratex. The main office of the business is estimated to cost R$60 million. The Botucatu plant houses 280 workers that have a projected manufacturing output of 200,000m3 yearly.
Duratex will be restarting its production in the Itapetinga factory, and the re-launching will take place on April of the present year.
Eucatex’s President, Flavio Maluf sent out a letter the past night, which notifies the company’s leaders and employees about the transaction with Duratex. Maluf however, stated that the deal must be approved by the CADE. He disclosed the purchase will increase Eucatex’s paper printing by 40%, paint capacity by 30%, and fiberboard by 70%. Read more about Flavio Maluf at Blog do Ronco
Maluf’s notification to his employees generally stated that the company is going to have the leeway to improve its sales strategy and maintenance as well as lessen the losses on the process. Moreover, Eucatex will have the opportunity to reinforce its existence within the markets in Brazil or offshore where it still has no service office to cater to customers.
He similarly assured the employees that aside from the enhancement and expansion of their products, various job opportunities will be opened in the offices that will be built in and out of the country.
And to emphasize the viability of becoming an entrepreneur, Flavio Maluf explains that having your won venture is an attractive idea most especially for those who do not want to answer to a boss, or are not contented with their jobs. And to assist aspiring entrepreneurs, the economy portal of Uol has circulated numerous truths and myths in having a business.
According to Flavio Maluf’s report on Tales Andreassi of FGV, the notion that opening a business is highly risky is a myth, because good entrepreneurs often take risks but they are measured ones. It is also essential to note that risks are always present but they can be reduced to a reasonable degree. And to make this happen it is essential to consider positive and negative developments, analyze the effect of any actions that are to be taken, and assess the market along with the competition. Read more: https://www.bloomberg.com/research/stocks/people/person.asp?personId=44205717&privcapId=877352