http://vintage-electronics.info/factory-capstan-belt/
 |
| TEAC REEL X 10 X 10R X 20R X 1000 X 2000 NEW ORIGINAL FACTORY CAPSTAN BELT | |
 |
$19.00 Time Remaining: 2d 17h 30m Buy It Now for only: $19.00 |
The Mining Rights Are For Clay, A Crucial Raw Material In The Construction Of Tiles, But On Its Own, A Questionable Commodity That Generates Little Interest Among Miners.
SA's largest maker of wall and floor tiling, Ceramic Industries, is delaying its call to invest R500 million into a new tile factory until it can convert its old order mining rights to new order rights.This manufacturer has export in some Europe's countries such as Bosnia and Herzegovina,mostly ceramic tiles or in Bosnian keramicke plocice.
The mining rights are for clay, a vital raw material in the manufacture of tiles, but by itself, a marginal commodity that generates tiny interest among miners. The company applied to convert the rights in 2008.
Without a secured supply of a vital raw material the company cannot commit to an investment of that scale, claims Manager Nick Booth.
Ceramic Industries reported lower than predicted profitability in its results to July. Higher gas and electricity prices, increasing costs of commodities like zirconium and borax which are utilized in the production of glazes, and competition from inexpensive imports were cited as reasons for the poor revenues.
Group cash reduced 3,4% to R1,5 billion from R1,6 billion in the year under review. But operating profits fell 23% to R192 million from R250m last year. Strap line earnings per share declined 30,6% to 785,3c from 1 131,3c per share.
Making tiles is an energy intensive business, and the spiraling cost of electricity, and more particularly gas, is making itself felt. "The energy cost per unit (m) has risen from R1,50 20 months back, to R3,60 currently." The price of commodities employed in the making of tile and ceramic glazes rose by 20% to twenty five percent in the past year.
However , other costs, for example upkeep and labour, came in at less than inflation. The company is in negotiations with unions relating to income increases. The cut off point is October and Booth is optimistic that deadlock can be avoided. Though results were down overall, there were pockets of success within the group, which operates 4 tile factories, a sanitaryware factory and a bath factory in SA ; and a glazed porcelain factory in Australia.
Perhaps most surprising was the factory that competes most with low cost Chinese imports fared the very best. Pegasus, which produces tiles that sell in the R40m price bracket increased both production and sales volume, growing turnover by 4%. "We run a very competitive operation," claims Booth. "Our factories are world class and we may be able to vie with the Chinese."
The year saw the company invest R130 million on gear upgrades and state-of-the-art technology. "This is generally on high-definition printers for our glazes. We plan to roll the technology into all of our factories," Booth claims.
Exports to Africa grew by 20% in the past year, also helping to drive income in the Pegasus business. "We are exporting to all our neighbors, with good growth coming from Mozambique and Zimbab- we ; as well as further out in Angola and the DRC. This side of the business is so promising that the company is examining the chance of building a factory in one of its export markets."
It was in the upper echelons that Ceramic suffered the result of Chinese imports. Vitro, the factory that produces upmarket floor tiling (upwards of R60m)
"We produce tiles made from red clay the type typically mined in SA. But the trend is toward white based porcelain tiles. These are imported and are growing in popularity. There is no technical difference, and once tiles are coloured and glaz- ed, there is not any identifiable difference eit- her. The difference is perception.
In other divisions the company scored one or two own-goals. Samca, which produces floor tiling (R50m to R80m) wrestled with management changes and inefficiency. And while management had its eye off the ball so did product designers who failed to stay abreast of trends, resulting in a loss of sales. The company had to drop its prices to win back market share.
The bathroom business has been turned around, with sales volumes growing generally. "We lost market share and let go of our costs a bit. Costs are now in order and we have passed on the savings to win back market share."
To keep a tighter rein on the busi- ness, the management structure was reorganised. Booth deployed the group's two most experienced bosses, Lance Foxcroft and Pieter de Lange, to head up the sanitary ware and tile divisions respectively. With the day to day operations now in good hands, he is actually now more able to concentrate on enterprise-wide strategy and business development.
The Australian business had a tough year, reporting production down by 26,5% and sales down by 25 percent and barely breaking even. While the economy was slow and imports high, almost all of the Problems came down to production and commissioning issues at the factory. "We are close to a turn-around in this business. And as the sole tile manufacturer in Au- stralia we'll have a competitive advantage. We just need to be a little sharper."
Booth is sure about the next year, and about manufacturing in SA generally. "Any maker of heavy stuff should operate in the market in which they sell the product."
He has fears about the ability of manufacturers to form new jobs in SA but believes the business will remain viable th- coarse continued investment in capital infrastructure. "The challenges we face today are different to those of 10 years back but nothing is insurmountable."
As is clear from the one 500c special dividend announc- ed early on in the year, Ceramic is a money generative company. Money reserves reduced to R217,7 million from R435,7 million and Ceramic's net asset worth per share fell by 10,5% to seven 081c (2010 : seven 912c) as a result of the R304m special dividend announced in May as reported tagza.com.
Thanks for visiting Vintage Electronics webstore. You are here because you are searching for Factory Capstan Belt and rest assured you are in right place. We shall assist you to uncover your items you need. This blog will display a match or near match to the merchandise Factory Capstan Belt. Look into the entire listing to obtain the product you want. If you prefer a quicker path simply use control F in the keyboard and type your item Factory Capstan Belt, you"re going to get your service record in a beat.
For just a excellent buying experience we"ve offered the listing from your local store as default. You may also utilize the search attribute in the site, to get the product straight away.
If you cannot find Factory Capstan Belt items that you were trying to find, have a look around the site using search function and bookmark us to come back latter on as we add more products on Factory Capstan Belt everyday. Either way I think you"ll find the right Factory Capstan Belt product for a great price.