PROFILE |
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Filatura di Pollone is the thread that runs through many textile products. The textile company makes natural and synthetic textiles and yarns for clothing and furnishings. Through the use of carded ultra-fine technology, the company produces extra-fine threads (twice as fine as traditional yarn) for use in high-quality clothing. With textile manufacturer Zegna Baruffa Lane Borgosesia, Filatura di Pollone operates a joint venture, Panital, in Hungary. The company has moved its production facilities to Poland and Hungary, where wage rates are lower than in Italy. The Maffeo and Botto families own 28% and 22%, respectively, of Filatura di Pollone.
COMPETITION |
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Chargeurs (CRI)
Coats Plc (CVY)
Toyobo Co., Ltd. (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1998 Sales (mil.): 31.90
1-Yr. Sales Growth: 12.9%
Employees: 238
Revenue per employee: $134,033.61
KEY PEOPLE |
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Silvio Maffeo
CEO
CONTACT INFO |
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via Attilio Botto, n. 29
13814 Pollone, Italy
Phone: 39-01-5256-3000
Fax: 39-01-5256-3907
Online: Web Site
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