HMY Will Invest 3 Million Euros, Creating 60 New Jobs at its Production Plant in Spain
HMY started the new year by focusing the positive results and prospects that the company saw in 2017. Particularly noteworthy is the construction of a new logistics warehouse which is set to open in April, and which represents an investment of 6 million euro. In addition, another 3 million will be allocated to the acquisition of new machinery and the expansion of their Cariñena office.
Infrastructure is not the only area in which HMY is showing an upward progression. In 2017, their sales reached 239 million euro and this figure is expected to increase even further in 2018. This has led to an increase in their workforce, which grew by 17% in the past year, and, with planned investments over next few months, another 60 jobs will be created.
This increase in the workforce has been one of the reasons why the regional Minister of Economy of the Government of Aragon, Marta Gastón, visited HMY's plant in the Veguilla area of Cariñena (Zaragoza). The regional government has signed a recruitment and training agreement with a pledge to hire and train 15 unemployed people.
This training will consist of 300 face-to-face hours of instruction, during which students will be trained in carpentry. This is one step forward in the consolidation of the agreements between business and government which bore fruit during the past year, with a similar agreement being made in which 12 people received training in shielded metal arc welding and TIG and were then brought on staff. In fact, HMY carries the Social Responsibility Seal, a distinction awarded by the Government of Aragon and social partners to companies that meet the criteria established within Aragon's Social Responsibility Plan.
HMY's goal is to continue growing in the coming years and, in the words of their managing director, Benito Pardo: "We will continue to invest between 3 and 4 million in adapting to Industry 4.0. and improving our process so as to incorporate new technologies throughout the purchase process which is what our clients will expect of us."
Innovation is a key aspect for the group's future, as Alberto Fantova, Head of Marketing for Business South at HMY, points out. He points to their innovation labs as the place where HMY creates shopping experiences that are unique to brands and retailers.
Travel Retail, a Great Opportunity to Boost Sales22/03/2018
Travel retail is a classic and important sales channel for many brands. But, in recent times, it is becoming even more relevant. The data made available in recent years shows that
The Importance of Innovation in the Retail Sector20/03/2018
Innovation is a critical aspect in virtually all business sectors. Times change, and the needs of clients change with them. This is why it is essential to adapt to new trends and demands if
David Santafé, Chief Design Manager at HMY: "Innovation in retail should always be productive for both the brand and the consumer" 19/03/2018
The retail world is constantly changing. This is causing brands to look for their own place within the sector as a way to position themselves as the best possible option for consumers and to look f
The Key to Sustainability Is Innovation12/03/2018
Sustainability is on everyone's lips. It is an issue that is influencing nearly all sectors of the economy as well as people's lifestyles. Also, not only is this trend here to stay, but it
Health and Beauty: A Growing Sector in Retail10/03/2018
Health and Beauty is one of the sectors that has been growing lately within the retail industry. At a time when there is a stronger push for e-commerce, it is worth highlight
Every Waiting Period Is an Opportunity in Retail: Reinventing Spaces19/02/2018
On other occasions, we have discussed the challenges and trends to come in the future of retail. One of our favorites is Read more
Key Takeaways from Retail's Big Show 2018, put on by the National Retail Federation18/02/2018
Last month the National Retail Federation's (NRF) annual exhibition took place in New York. It is one of the most relevant retail and technology exhibitions internationally.
At MPV 2018, HMY Will Be Presenting their Latest Innovations for Retail13/02/2018
The MPV (Marketing at Retail Show) biennial exhibition will be held on March 27, 28 and 29 in Paris. This exhibition for professionals in the retail industry has gained worldwide
HMY Will Invest 3 Million Euro, Creating 60 New Jobs at its Production Plant in Spain07/02/2018
HMY started the new year by focusing the positive results and prospects that the company saw in 2017. Particularly noteworthy is the construction of a new logistics warehouse which is set to open i
Supermarket of the future: the digital and physical convergence of retailers05/02/2018
While there’s little doubt that retailers are facing an uphill struggle to keep customers coming through their doors due to political and economic uncertainty, consumers will always want ever