Romi disposes of Sandretto plant in Italy

EUROPEAN PLASTICS NEWS

Published: October 2, 2013 12:00 pm ET
Updated: October 2, 2013 12:02 pm ET

Related to this story

Topics Machinery, K 2013, Business News & Features

Brazilian machinery group Indústrias Romi SA has disposed of an Italian facility where Sandretto injection molding machines were previously produced, in a deal with local authorities and companies.

The group said in a statement dated Sept. 18 that Romi Italia, which is in liquidation, had concluded the disposal of assets to the Italian company Scout One "for a symbolic amount." The agreement involves transferring the employees of Romi Italia to Scout One along with the facility in Pont Canavese, in Piemonte region, which has a total area of 22,481 square meters.

Romi said the agreement also involves the transfer of the Sandretto trademark and other related intellectual property rights to a company wholly owned by the Piemonte authority. A second plant in Grugliasco was not transferred in the deal.

Romi purchased the Sandretto business in 2008, but over the past two years has been downsizing the Italian operation and transferring production of Sandretto machines to its operations in Brazil. At the Plast 2012 trade show in Milan, around 20 Italian employees occupied Romi's exhibit to protest against the company's restructuring plan.

The Sandretto business includes sales and after-sales service subsidiaries located in France, the United Kingdom and Spain. Romi will retain these operations.

The transfer of the Sandretto trademark leaves the way open for Scout One and the Piemonte company to use the name on any new machinery it starts to produce. But as part of the agreement, Romi will continue to use the Sandretto name as a machine brand "for a certain period of time" before phasing it out, said Monica Romi Zanatta, international sales manager at Indústrias Romi.

"At the K show, Romi will start stamping its brand together with Sandretto and new future machines will be branded as Romi only," she told European Plastics News.

Romi now manufactures all of its injection molding machines at its nine manufacturing facilities in Brazil, she said.

In Romi's news release about its presence at K 2013, Romi Zanatta said: "Romi has decided to consolidate its position in the international market of injection molding machines and stamping the Romi brand in the machines was a decision that confirms the intentions of the company, as well as gives confidence and strength to the Sandretto brand."

At K 2013, Romi will exhibit new injection molding machines, including the EN 450, EL 75 and EL 300.


Comments

Romi disposes of Sandretto plant in Italy

EUROPEAN PLASTICS NEWS

Published: October 2, 2013 12:00 pm ET
Updated: October 2, 2013 12:02 pm ET

Post Your Comments


Back to story


More stories

Image

Munson Machinery expanding assembly, testing operations

July 22, 2014 2:02 pm ET

Munson Machinery Co. Inc. is expanding its headquarters factory by about one-third in Utica, N.Y., where the company makes mixing, blending and size-...    More

Image

Windmöller & Hölscher looking to continued growth in China

July 21, 2014 3:40 pm ET

With 2013 global sales of 600 million euros, China has grown into an important export market for Windmöller & Hölscher KG, second only to the United...    More

Image

Thermoforming Technology Group adds Lyle Industries to its portfolio

July 18, 2014 2:48 pm ET

Thermoforming Technology Group LLC has expanded its thermoforming equipment presence with the acquisition of Lyle Industries Inc.    More

Image

Infiltrator goes very large scale for injection press

July 18, 2014 1:45 pm ET

Infiltrator Systems Inc. has designed and built a mammoth injection press, with 6,000 tons of clamping force, to mold septic tank halves measuring 15 ...    More

Image

Milacron names Gallagher COO

July 17, 2014 1:41 pm ET

U.S. machinery maker Milacron LLC has named John J. Gallagher III as Chief Operating Officer for its Melt Delivery & Control Systems, Fluid Technologi...    More

Market Reports

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events