EoW September 2007

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EuroWire – September 2007 14
english corporate news
Streamlining at Lati
Lati SpA, Italy, has carried out a
business reorganisation plan aimed
at reaffirming its strategic position
and improving company profitability,
through the recovery of efficiency and
competitiveness. The process has involved
focussing resources on the company’s
core business.
The reorganisation has also involved the
international structure of the company,
with the cessation of production activity
in the USA, and the planning of initiatives
in South East Asia, where the highest
growth rate of Lati sales has been
reported. The company has also pursued
innovation with investments, technical
and organisational interventions in Italian
production sites, in order to increase its
product range with high technological
and value-added materials.
To complete the process, the company
will carry out a rationalisation of industrial
and management costs, to streamline the
organisation and allow the company to
grow through self-financing.
Lati Industria Termoplastici SpA – Italy
Fax: +39 0332 409307
Email:
Website:
Marldon founder passes away
Ernest Hindle, of Marldon, UK, died on 21st May, aged 82, following a six month
battle against cancer.
Mr Hindle left school at the age of 14, but by attending night school for many
years he trained as a draughtsman, and became a member of the Institute of
Plant Engineers, finishing his employed career with Aerialite as chief engineer.
His time in wire and cable manufacturing plants led Mr Hindle to set up Marldon
(Engineering Specialties) Ltd with John Buckley in 1966, developing a range of
products, principally hysteresis flyer pay-offs and airwipes for cable.
The company’s portfolio widened to cover driven pay-offs and take-ups, chalking
machines and rolling ring traversing units.
Being fascinated by all things mechanical and having an industrious and social
nature, Mr Hindle enjoyed the industry which filled his working life, took him
around the world and made him many friends.
Mr Hindle phased his retirement over a number of years, but became a man of
full-time ‘leisure’ in 1990.
The following years were packed with many practical projects and work on new
designs outside the wire and cable industry.
The original company continues today as Marldon Group Ltd.
Marldon Group Ltd – UK Fax: +44 870 9070016
Email: Website: