Seardel, one of South Africa's largest textile manufacturers, recently announced a restructuring plan for the company. The company said in a statement that the company would end several business units if needed.
The large textile company includes spinning, weaving, dyeing and denim, and employs about 1,400 people. The fate of these sectors depends on the process of consultation with the parties, and any department may be closed.
The company said that South Africa's textile industry has been under tremendous pressure, because in the past few years, many factors, such as the import of cheap textiles, legal and illegal imports, have caused damage to the South African textile industry.
The company also said that it is also difficult for them to compete with state-owned enterprises. State-owned enterprises attract funds through Industrial Development Corporation (IDC), and many companies accept subsidies because they are state-owned.
The company said that the cost of input has risen sharply, but most of the cost increase cannot be passed on to buyers, and competitors do not comply with the minimum employment conditions.
All of these factors make the company unable to operate as a purely commercial enterprise and translate into huge corporate losses, and the company has sought every possible way to correct this situation, including restructuring, readjustment and slimming operations.
The company added that in the past 10 years, it has invested 360 million rand in factories and machinery to improve efficiency, but now has no choice but to close some businesses and sell assets.
Silicon Rubber Sleeve, also known as Silicon Rubber Case, Silicone Protective Cover & Silicone Sheath, which are generally made from silicone rubber with soft and elastic features, are used for protecting electronic digital products, and prevent accidental falls or abrasion.
Advantages of silicone sleeve & cover
Silicon Rubber Sleeves` main function is to protect the surface of the electronic digital products from scratch, dirt, etc.
1. Silicone Cases can prevent hard objects leave scratches on the surface of products.
2. Silicone Protective Cover can be printed with all sorts of design and color, to make the products` appearance more beautiful and generous.
3. Silicone Sleeve have anti-slippery effect with good tactility.
4. Silicone Rubber Case is soft and elastic, can be completely put on the machine without affect the machine's operation.
Silicone Sleeve,Rubber Sleeve,Silicone Cover,Rubber Cover
Xiamen The Answers Trade Co.,Ltd. , https://www.xmanswerss.com