Leading Enduro website Enduro21.com reports that alarm bells have begun to ring at the Marzocchi factory in Bolonga, Italy with news filtering out that the company is set to close
Recent talks with FIOM-CGIl – the Italian workers union who represent those employed in businesses engineering – have indicated that Marzocchi – owned by US multinational Tenneco – plan to cease trading at the Bologna plant*.
A date when this is due to happen has not yet been revealed, but it does come as a major source of worry for the 100-plus workforce.
Found this on my Trader Daily Newsletter, posted on 03/04/15.
Les
Marzocchi No More?
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- Posts: 358
- Joined: 28 Jun 2008 21:13
- Location: Lincolnshire
Re: Marzocchi No More?
No real surprise, recession, market consolidation (fewer customers) and non Italian owners have all contributed to this melt down. I don't expect a rush of buyers, the likes of Ohlins have cornered the market and the chinese continue to take the budget end of the market.
Paul
Paul