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Sidónios has put in motion an ambitious investment plan, worth 8 million euro, which will triple its production area while making the group vertical, with the additions of dyeing and finishing units.
“Working everything internally will enable us to serve the customer better and faster since we will directly oversee the entire manufacturing process”, explains Sidónio Silva, 57, founder and leader of the group that owns two companies – Sidónios Malhas and Sidónios Seamless.
The eight-million-dollar investment essentially comes from the company’s own capital, and it also entails reorganizing the warehouse area and increasing the productive capacity – their circular looms section will grow up to 118 looms from the current 70.
“We have all types of different machines in our circular looms section, some are even unique. I can’t tell a client that it is impossible to make a given garment”, states Sidónio Teixeira da Silva, who founded the company alongside his father, Sidónio Ferreira da Silva, a former technical manager of Tor that passed away prematurely, and never got to see the inauguration of the industrial facility of Sidónios Malhas, located in Roriz, Barcelos.
Specialized in seamless knits for sports, Sidónios Seamless is the younger and high-tech sister of this family business, and is predicted to close this year’s cycle with a turnover of eight million euro.
“2019 has been an atypical year, with very confusing periods. However, I still think that, in the end, it will be better than 2018”, confides Sidónio Silva, who is expecting to make 12 million euro in sales with Sidónio Malhas alone.