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Home Argentine Business and Enterprises The first mattress factory in Formosa

The first mattress factory in Formosa

The first mattress factory in the province was officially inaugurated with government assistance. We present it to you.

Business and Enterprises
AC-Colchones-Formosa

In the town of  Pirané , Formosa, AC Colchones y Sommiers was inaugurated, the first mattress factory in the province. Founded by  Adrián Cometo , the company will supply the local market and meet the needs of ministries and departments of the provincial government.

The inauguration was attended by many officials, businessmen and leaders of Formoseña policy. It was achieved with the financing by the provincial government of an exclusive line for the industrial sector. This loan has a very accessible rate of 12% per annum, and allowed the assembly of the facilities and the purchase of raw material for production.

The Undersecretary of Economic Development of the province of Formosa, Horacio Cosenza, highlighted the arrival of this  venture . “It is very important, it is a  private  micro enterprise for the town of Pirané, it will generate new jobs,” he said. There will be four to six people who work at the factory during this first stage. The investor is planning to perform the second stage called the “foaming”. Stage that will consist in performing the foam blocks cut and turned into mattresses. This would increase the flow of employees at the mattress factory and benefit the locality.

He added that the idea is to work together between the private and public sectors to revive the economy. Cosenza presented  Formosa  as the other side of the coin. “All over Argentina companies, factories are closed and they are inaugurated here,” he said. It was the State that financed a large part of this project covering the entrepreneur's need for financing.

 Production 

The mattress factory will have the production of an intermediate line, which will be marketed to the general public. They will also be allocated to meet the needs of ministries and other provincial government units.

Cometo said: “This dream started 5 years ago, we saw that in the province there was no factory dedicated to this field, we acquired the machinery and we had the place to assemble the idea.” He added that one problem is the economic crisis in the sector and recognized the aid of the province.

The idea is to supply Formosa with mattresses of own production, avoiding the purchase of these goods from other provinces. The mattress factory estimates a production of 400 to 500 mattresses per month. The current limit offered by machinery and space would allow you to reach about 5000 at its peak.

Source:  Agenfor 

Publication Date: 02/01/2020

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