A new ENGINEERING CENTER and a renovated PRODUCTION plant
If there's one thing the ARBOS Group isn't lacking, it's ideas. And starting today those ideas have room to grow in a cutting edge R&D and Testing center.
The new ARBOS Engineering Center was inaugurated Thursday, 5 October 2017 before representatives of Local Administrative Institutions, Banking Institutions and the Press. The center is housed in the renovated Migliarina di Carpi plant - which already served as the historic headquarters for Goldoni S.p.A. - and underscores, once more, the rebirth of a company whose fate was uncertain until it became part of ARBOS GROUP SPA, 24 December 2015, a subsidiary of the Chinese Tianjin Lovol Heavy Industry Co. Ltd. Milestone after milestone, Goldoni, a historic brand from Modena and now, with Mater Macc S.p.A., a key part of the GLOBAL PROJECT for ARBOS GROUP, is writing a new page in its own history and contributing to the Group's results as these near a revenue forecast of 80 Million EURO for 2017, with obvious benefits both directly on jobs and through spillover effects. The New ARBOS Engineering Center: Spanning 3,100 square metres, the new engineering center employs 57 engineers (11 division managers and 46 designers) organised according to a matrix structure for the development of the product platforms and competency centres (Engine - Transmission - Cab&Bonnet - Hydraulics and Electronics). The new structure was created by uniting the pre-existent GOLDONI Engineering center with the complete transfer (structures and competencies) of Lovol EU Engineering, which had handled the development of all open field models for ARBOS over the previous five years. The recently completed expansion created a new floor with 500 square metres of office space and the extension of the 1,050 square metre testing area, which stands out for the modernity and modularity of its facilities. Subdivided into seven areas, it allows for the complete "bench" testing of the key components for agricultural machines.
The modularity of the modern facilities allows for the evaluation and validation of the entire product range developed by the Group; from tractors specialised for working in orchards or vineyards, to the high-power open field range, up to 270 hp. Specifically, the FUNCTIONAL and ENDURANCE BENCHES can evaluate, 24/7, the functionality - power shuttle and hydraulic clutch - and resistance of the transmission, the core of any agricultural machine.
Our prestigious white and green brand continues its ascent in the international markets and in fact ARBOS presented itself as a great Company at the EIMA International with its 5000 series, versatile and multifunctional in the 100-130 hp power segment, with the series 6000, robust and reliable in the 140-200 hp power segment, and with the series 7000, rising to 260 hp, embodies the highest expression of Arbos engineering concepts.
To communicate better the corporate philosophy we wanted to make a special stand, from concept TECNO-GREEN, where the TECNO part was represented by metal structures, aluminum, a sort of futuristic tree surrounded by technologies of the agriculture group, and the GREEN one was instead symbolized by natural wood structures, with a real ancient olive tree as a symbol of attachment to the land and to our Mediterranean origins.
In particular, however, in Hall 19 at stand B2, were staged the following ARBOS products:
The Court of Modena, following the hearing of May 19, 2016, with an order issued on May 25, 2016, has approved the request for a composition with creditors with business continuity presented by GOLDONI S.p.A., thus safeguarding its manufacturing activity - which will continue in the plants of Carpi - as well as preserving an internationally known brand.
The composition plan, which had previously received a favorable opinion of the Judicial Commissioner, Dr. Diana Rizzo, and the approving vote of more than 99% of creditors, requires that the tractors manufacturing company - assisted, both in the negotiations for the sale and in insolvency proceedings, by the advisors, lawyers Alberto Lotti, Anselmo Sovieni and Marcello Benetti and Dr. Renzo Fantini - is acquired in full by Lovol Heavy Industry LTD Group, one of the largest agricultural equipment manufacturers in China and in the world – assisted, in the negotiations, by lawyers Davide Proverbio and Fausto Caruso of King&Wood Mallesons firm.
The composition proceedings of Goldoni S.p.A. represents a unique case in the Italian scenario, both for the speed with which it ended and for the development perspectives of the company; the goodness of the proposal made to the creditors, then, is an example of how corporate crises, if handled and interpreted well, can be a driving force to build benefit solutions for the relaunch not only of the territory, but also of the entire country and of all economic operators that center on the company (customers, suppliers, craftsmen, banks, employees).
It was only possible thanks to the commitment and collaboration of different actors, that in various capacities had a leading role in the rescue of the company and which brought into being a synergy without which they would not have been able to balance the need to safeguard the creditor classes and the corporate relaunch.
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