Interviews
Chargeurs Wool reorients business strategy
31 Oct '05
2 min read
Chargeurs has laid out a nearly US$19-million plan of additional reorganization measures to help its textile businesses counter the very rapid onslaught of Chinese imports, stated a press release issued by the company late last week.
This plan is a part of a strategic refocusing of the company's core business on China and raw material-producing countries.
Richard Von Gerstenberg, Managing Director, Worldwide Operations, Chargeurs Wool stated that this business plan will have no major impact to their traditional operations in the United States.
Chargeurs Wool (USA) is simply making a structural change by splitting its industrial operation from its commercial operation.
He included that the way US wool producers interact with Chargeurs Wool (USA) will not change. The commercial operations will continue as previously under the Chargeurs name, whereas the industrial sector of the operation will continue normal processing, only under a new name, USA Wool.
Rita Kourlis Samuelson, Deputy Director of operations and Wool Marketing Director for the American Sheep Industry Association commented that a combing plant in the United States is vital to the domestic wool industry. They are pleased to hear from the company that this restructuring will have no impact on the US industry.
American Sheep Industry Association (ASI) is the national organization representing the interests of the 64,000 sheep producers located throughout the United States. From East to West, farm flocks to range operations, ASI works to represent the interests of all producers. ASI is a federation of 40+ state sheep associations as well as individual members. All ASI officers, board of director members and council and committee members serve as volunteers – without pay.
This plan is a part of a strategic refocusing of the company's core business on China and raw material-producing countries.
Richard Von Gerstenberg, Managing Director, Worldwide Operations, Chargeurs Wool stated that this business plan will have no major impact to their traditional operations in the United States.
Chargeurs Wool (USA) is simply making a structural change by splitting its industrial operation from its commercial operation.
He included that the way US wool producers interact with Chargeurs Wool (USA) will not change. The commercial operations will continue as previously under the Chargeurs name, whereas the industrial sector of the operation will continue normal processing, only under a new name, USA Wool.
Rita Kourlis Samuelson, Deputy Director of operations and Wool Marketing Director for the American Sheep Industry Association commented that a combing plant in the United States is vital to the domestic wool industry. They are pleased to hear from the company that this restructuring will have no impact on the US industry.
American Sheep Industry Association (ASI) is the national organization representing the interests of the 64,000 sheep producers located throughout the United States. From East to West, farm flocks to range operations, ASI works to represent the interests of all producers. ASI is a federation of 40+ state sheep associations as well as individual members. All ASI officers, board of director members and council and committee members serve as volunteers – without pay.
American Sheep Industry Association
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