2005 is the 25th Anniversary of the Terraco Group and it
is with great pride I look back on the company’s progress
over these past two and a half decades. Growth during these
years has been substantial and the Group currently comprises
14 factories and over 600 employees worldwide.
In the coming year Terraco will consolidate and rejuvenate
– the company will move production in Jordan, Guangdong
(South China) and UAE to new-purpose built facilities ensuring
we are well-positioned to provide our customers with the latest
developments in the coating industry. Additionally our new
facility in Shanghai (East China) will come online during
the first quarter of 2005. This will not only substantially
increase our Chinese production capacity but will also ensure
that we will be able to better service our customers in the
eastern Chinese market. Inline with the Group’s expansion
plans we will continue to invest in new emerging markets and
plan to have an additional 4 production facilities operational
within the next 24 months.
Developments on the product side include the launch of of
the EcoLife™ products, our ultra-ecological range, strengthening
our position as the leading producer of environmentally friendly
finishing materials.
In recent years many fast developing countries are seeing
the need for and are embracing the concept of industrial standards.
It is very gratifying for me to see Terraco being invited
to propose parameters for such quality standards in countries
in which we operate. It is our firm belief that proper industrial
standards benefit everyone – architects, contractors,
clients, property owners, future tenants as well as builders
and material producers – helping to ensure that customers
are getting the right products whilst preventing the undermining
of quality by actors propagating sub-standard products. Terraco
aims to offer quality, durability and unbeatable long-term
value.
The continuing success of the Group is a testament to the
efforts and dedication of all the staff and employees most
of whom have been with the firm since the start-up of our
individual operations. As the Group continues to expand we
look forward to welcoming tomorrow’s candidates to the
Terraco family.
Together we will shape the future of the Terraco Group.
Sincerely,
Göran Widström
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