Suspension of Novolegno spa activity

We publish an excerpt from a communicate we have received few days ago: “Suspension of Novolegno spa activity.
During a meeting at Confindustria in Avellino, the council member of Novolegno spa, Mr.Giorgio Barzazi, confirmed to Unions delegates and to the works committee, the suffered decision to cease the production of the plant. The industrial initiative of Novolegno spa (a subsidiary of Fantoni spa), founded 39 years ago and currently employs 117 people, is specialized in the production of Mdf panels for packaging fruit and vegetables, but currently no longer has the economic and market requirements to continue its business. After a progressive but inexorable change of distribution modes, in particular by the large-scale retailers, the economic conditions that had led to the decision to settle in Irpinia, have been missing for years…In fact, local timber is been diverted to incentive biomass energy plants. The important investments made then to differentiate production and for using more competitive raw materials, such as recycled wood, have not given the expected results due to the progressive deterioration of the market of packaging, where other materials were preferred, such as cardboard and plastic. While understanding the seriousness of the impact that this decision determines for their employees, for their families and for the many external collaborators, during the course of the meeting was expressed the impossibility of procrastinating further this decision in light of the irreversibility of the market situation”.