Indesit invests 83million Euro in Italian plants

18 Jun, 14

Italian factories take on production from Poland, France and Turkey ahead of smart appliance launches

 At the ‘Made IT – Invest in the future’ event, Indesit company chairman Marco Milani announced the company’s plan to invest €83million into Italian factories.

The three- year plan will relaunch and redesign the Group’s factories in Le Marche and Campania, to improve efficieny and bring back production from Poland, Turkey and France.

The plan is made possible partly by agreements with government authorities and trade unions and will allow Indesit to completely renew the range of products made in Italy.

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Albacina will become a centre of excellence for the production of built-in ovens with a €19million investment and will serve the whole of Europe. Indesit will also expand its connectivity and smart technology, which will see the production of ovens with sensors to understand the consumers’ health and mood, and suggest cooking programmes.

The Fabriano plant will become a centre of excellence for the production of small ovens, 380mm and 450mm, microwave and steam, currently made in France, and other ‘special’ cooking products including 900mm models and tailored cooking options.

The Comunanza (AP) site will become the centre of manufacturing for front-loading washing machines and washer-dryers. These smart appliances  will also boast network connection.

Finally, the Caserta site will be the centre of production for built-in fridges, including those currently made in Turkey, and built-in gas hobs. From 2015 Indesit will be renewing its gas hob line with the launch of new burners and cooking technologies.

CEO and chairman Marco Milani commented: “The measures taken by Indesit are a response to the market situation and demonstrate that innovative, quality products can also be made competitively in our country. €83 million of investments will enable us to consolidate our superiority in three products, in the washing and cooking segments, of which we are market leaders in Europe and which we produce in Italy, in our Fabriano, Comunanza and Caserta sites.”

Indesit Company chairman and CEO Marco Milani commented: “The measures taken by Indesit are a response to the market situation and demonstrate that innovative, quality produicts can also be made competitively in our country. €83million of investments will enable us to consolidate our superiority in three products, in the washing and cooking segments, of which we are market leaders in Europe and which we produce in in Italy, in the Fabriano, Comunanza and Caserta sites.”

Indesit was founded in 1975 and has been listed on the Milan stock exchange since 1987, with the company posting sales of €2.7billion in 2013. Indesit has 8 factories across Europe including three in Italy, two in Poland, and one in the UK, Russia and Turkey.

Over 16,000 employees work for Indesit, with 4,000 in Italy, where it also has is central HQ and Innovation Centre. The Group’s main brands are Indesit, Hotpoint-Ariston and Scholtès.