The executive management and board of directors of Farben Paints announced an investment plan for R$ 120 million, in a new unit, expansion of production capacity and acquisition of equipment for the headquarters’ manufacturing park, located in Içara. The resources will be contributed over the next three years.
With an unprecedented amount in history, the investments are intended to prepare the company for sustainable growth until 2030, increasing production capacity and logistics operational efficiency.
“The company has been recording growth rates above the market average, has been recognized by customers for its product excellence and now we are going to provide this support to our team, focusing on safety, quality and productivity”, highlights the advisor, Edson Cichellaon behalf of the chairman of the Board of Directors and founder of Farben, Jayme Antônio Zanatta.
The Chairman of the Company’s Shareholders’ Council, Elton Zanatta commented that the new moment corroborates the founder’s legacy:
“Mr. Jayme’s philosophy is that a large part of the company’s results must be reinvested in the operation itself, as there is no more profitable application than the company itself.“
The largest portion of this schedule is in a new thinner and catalyst factory, the project of which will begin to be outlined later this year. The new structure to be incorporated into the industrial park will be larger than 10 thousand m².
With the execution of the investment plan, the Santa Catarina industry aims to accelerate its goal of achieving revenue R$1 billion per year.
“We have the purpose of raising the level of our company, making it a world-class company, with the objective, within our master plan, of preparing Farben for sustainable growth until 2045”, says the CEO, Edmilson Zanatta.
