THREE NEW CABERO CONSTRUCTION PROJECTS
THE HEAT EXCHANGER MANUFACTURER CABERO IS NOT FOR THE FIRST TIME SHOWING AN ACYCLIC INVESTMENT BEHAVIOR.
CABERO ON EXPANSION COURSE IN ASIA / APAC
The steady increase in demand within the Asian region for CABERO products and this year's very good business development, with which an increase in sales are also expected during next year, have brought CABERO`s production at the Chinese factory in Yantai to its limits.
»Despite currently having almost 11,600 sqm of production area, production will become difficult as capacity for the factory will be exceeded within the next 12-24 months, during this time frame, due to the lack of space, it will no longer be possible to work as efficiently, effecting productivity.«
»To be frank, we can currently only guarantee that everything runs smoothly through good organization. Necessary buffer zones are a thing of the past and are rare!« Says John Zhu GM of CABERO Yantai China, »we have been looking for a new location for a long time, which would allow us to implement optimal building planning from a larger building, this would allow us to create new and highly productive workflows, some of them automated.«
Anyone who knows China knows that such a "building plot" is not easy to find, especially when it comes to 6 hectares of space. However, those responsible at CABERO China have found what they were looking for in Yantai.
When the second construction phase is finalized, this new plant will have 35,000 square meters of production and storage space, with 1,400 square meters of office and social space and a further 1,600 square meters of living space for employees.
»It's already a gigantic project for us,« says Zhu, »if you also consider that we produced our first heat exchangers around 12 years ago.«
The expansion of Cabero China was intended to be steady rather than rapid.
As a result, in addition to a solid financial policy, an extraordinary customer portfolio in the Asian region has been built and a professional and well-founded reputation in the market has been achieved.
Cabero China's biggest sales driver has been and is still today refrigeration, especially in the production of NH3 equipment, of course equipment for most other refrigerants are produced within Cabero China`s product portfolio.
In the last two years, however, the demand for other product groups such as dry coolers, condensers and adiabatic systems has also risen sharply.
We have succeeded in establishing a brand such as Cabero, previously unknown in Asia and making it a leading heat exchanger manufacturer in the APAC region.
»We are very pleased to have chosen Yantai as our company location and headquarters for APAC, for now and into the future.«
»The employee retention rate at the current location is extremely high. When production started in 2007/2008, we had 74 employees, 69 of whom are still working for us today or have retired. 92% of the qualified employees who have joined us over the years are still in our company. We are proud of that number and this fact promotes quality and productivity« says Zhu.
The total investment is around EUR 25 million. The start of construction is planned for the first quarter of 2021, the first construction phase should be ready 15 months later.
Financing is from internal resources, there are no plans at the present to involve external investment.
CABERO IMAGEFILM
New construction of Cabero Magocs and renovation of existing halls
»After the acquisition of further adjoining construction areas of 4.5 ha in Magocs and the confirmation of subsidies by the Hungarian state, the first construction phase will be released in 2020/2021.«
»The first construction phase covers a covered area of almost 4000 square meters and is therefore the smallest of the three planned projects in Hungary over the next six years.« Says Zsolt Csimpolyas Managing Director of Cabero kft and Cabero Industrial Kft.
The new production hall will act as a supplier for the assembling lines. In particular, sheet metal processing, pipe processing and fin production are to be outsourced to these halls and, after the renovation of the existing buildings, create greater production capacities in the assembly lines. The "new" space will promote improved processes and further increase productivity.
A small training center for training 15-20 employees is also planned in the new building.
In addition to the new production machines, such as fin punching machines and tools, laser cuter sheet metal and tube, laser welding devices, etc .. an own certified X-ray test laboratory for material and material tests as well as weld seam testing is in progress.
The factory in Kaposszekcső, about 7 km away, will continue to serve as a painting (powder coating) and order picking center. The painting capacities were also massively expanded by our cooperation partners this year and the processes were further rationalized.
The budget is calculated at EUR 5.5 million. Around 24% are funded by the Hungarian state. The short-term external financing is set at a maximum of 15%.
With this expansion, the Europe division has around 40,000 square meters of covered production and storage space spread across three locations in Hungary: Kaposvar, Kaposszekcső and Magocs.
Magocs is the oldest and first production site and with originally 1500 square meters back in 1997, the foundation stone for today's CABERO Group was laid there.
