EoW September 2007

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

Marldon founder passes away Ernest Hindle, of Marldon, UK, died on 21 st 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 : sales@marldon.com

Fax : +39 0332 409307 Email : info@lati.com Website : www.lati.com

Website : www.marldon.com

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EuroWire – September 2007