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EuroWire – September 2008

10

english corporate news

Wheelabrator marks 100 years

with Polish manufacturing centre

Scapa has launched a new Cable Solutions website.

In addition to offering a new categorised product search facility,

customers will be able to find more information on each of

the many products Scapa Cable Solutions has to offer, as well

as being able to download technical data sheets and view

up-to-date product literature.

Scapa’s Cable Solutions is a dedicated range of cable wrapping

tapes and components for the cable industry.

The Scapa Cable Solutions product ranges can be divided

into two core product groups – the extensive range of Cable

Wrapping Tapes supplied direct to cable manufacturers, and the

Cable Components range.

The new website can be found at:

www.scapacable.com

Scapa Cable Solutions – UK

Fax

: +44 161 301 7445

Email

:

sales@scapacable.com

Website

:

www.scapacable.com

New website for cable

customers

Wheelabrator Group has marked 100

years of metallic surface preparation with

the opening a new manufacturing facility

in Poland.

Now formally open and operational, the

new €7million plant in Wrzesnia, near

Poznan, will manufacture a complete line

of surface preparation equipment and

components.

The 35,000m² site will produce air and

wheel blast equipment to meet local and

global demands. The new manufacturing

centre is key to supporting the company’s

aim of producing a range of machines

with a 6 – 12 week delivery time, as well

as supporting the company’s technology

centres in the manufacture of its

custom-built solutions.

Robert E. Joyce Jr, president and CEO of

Wheelabrator Group, said: “Wheelabrator

has three target growth areas: Asia,

India and Central Europe. We looked at

a number of the surrounding countries

before settling in Poland.

“The company already has a small plant

in Zagorow, near Konin, but we needed

a larger facility to fully support our

development strategies and our growing

order book. The investment in Wrzesnia

establishes a strong local presence in the

region, as we have been operating there

for over ten years now, and we are pleased

that this new investment coincides with

our centenary celebrations.”

“The Wrzesnia facility enables us to

commit to our customers’ long-term

growth plans,” Mr Joyce continued.

Wheelabrator Group worked with a

specialist in industrial buildings to

build the new facility. The centre has

been designed for a workforce of

250

people,

spread

across

the

manufacturing, design, warehousing and

administration functions.

Wheelabrator Group – UK

Email

:

info@wheelabratorgroup.com

Website

:

www.wheelabratorgroup.com

The official opening of the latest Wheelabrator facility

Prices for main raw materials such as recycled steel scrap

and pig iron produced from iron ore have risen more than

100% since the end of 2007.

Componenta is therefore adopting a price balancing system

that updates the effect of raw material prices on a monthly

basis instead of the earlier quarterly adjustments.

The raw material price compensation system introduced

by Componenta in 2004 with quarterly evaluation periods

has proven not to be able to follow the rapid changes

fast enough.

The new system will take care that there are no significant

differences between materials purchased and products

invoiced. Should the material prices go down, the new

system will also lead to faster compensation to customers.

The impact on Q2/2008 invoicing and operating profit is

estimated to be approximately 5%.

Componenta Corporation – Finland

Fax

: +358 10 403 2721

Website

:

www.componenta.com

Componenta changes

pricing cycle