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Stafix Ltd invests €400,000 in production expansion

10-05-2010 10:09 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stafix Ltd.

The Finnish printing material manufacturer Stafix Ltd has made an investment of €400,000 for new machinery and equipment at their facility in Vaajakoski, Finland. The new production line allows Stafix to be responsible of the entire production process, whereas previously part of the production was outsourced.
“With growing demand, having our own production will be more economical for our customers than outsourced production. Investment in equipment will increase the company’s profitability and will also support growth”, says managing director José Ayala. The acquisition could create turnover of up to 3 million Euros, as Stafix aims to become the static printing materials market leader in Europe and Latin America.
The investment enables larger volumes as well as personalized products
“The acquisition allows us to produce larger volumes and small variations, as well as the production of new products. It also makes it easier to make agreements with international distributors”, explains Ayala. As a result of industry recession, the installation of the machine was arranged in a short time, and the production line began operation in June.
With our own production comes better quality and reliability
“With our own production we can ensure higher quality and consistency”, says sales and marketing director Aleksi Rastela. Reliability and speed also improve, as the electrically charged sheets can be produced irrespective of outsourcers’ schedules. “Of course the investment brings about challenges with regards to storage, but we have solved this by renting storage space where the Stafix®-sheets can be stored in the right conditions”, says Ayala.
Investment affects recruitment
As a result of the investment Stafix has added two new employees to the team, bringing the total number of employees to 11. The company’s turnover for the previous year was €400,000, but the aim for this year is to reach €600,000. “Our goal is to already break-even this year”, says Ayala.
Stafix is best known in Europe and South America
Managing director José Ayala established Stafix in 2007, and the product won the graphic industry innovation award in 2008. Stafix® adheres to any clean, dry surface without the need for glue or other chemicals.
Of Stafix’s turnover, 75% comes from outside the Nordic countries, with exports mainly to German speaking countries, France and Spain. The most notable of Stafix’s clients include Unilever, Nestlé, The Coca Cola Company and Bayer Schering Pharma. Stafix has also exported to Ecuador and to Panama.

Stafix® is a statically charged, printable polypropylene film that adheres quickly and easily to virtually any clean, dry surface without any adhesives.

Stafix Ltd
Konttisentie 8B
40800 Vaajakoski
Finland

michael@stafix.fi

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