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Shareholder Update from Dirk, page-38

  1. 5,651 Posts.
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    Hello again your 'Hotness' thanks for that, yes got a giggle from this comment below, after spending several hours looking myself, at nothing but Volcano related pictures etc, from Googling for dirt, lint, fluff anything Lava related, i gave up and handed the job over to my 'left-hand Bear' who now wants to be known as HotTed, can you believe it ?

    "it might just be the world’s most uselessly designed website''.

    We coudn't agree more, after(not so)HotTed, eventually found Lava's website and thought he was onto something, but soon realised, that apart from a lot of 'pretty pictures' and a timeline on the business, there wasn't a lot to see, Doh !
    So after all his digging and fluffing around, all he coud come up with was, well, not much

    Company Overview of Lava B.V.B.A.

    Lava B.V.B.A. manufactures knitted fabrics for mattress covers. It also offers mattress tickings. The company was founded in 1925 and is based in Wielsbeke, Belgium with production facilities in the United States and Belgium.
    Lava B.V.B.A. does not have any Key Executives.

    A Private Company in the Textile Industry,Lava is a family owned and operated knitting company since 1925. We are specialized in producing state of the art knitted fabrics for mattress covers.

    Textiles, Apparel and Luxury Goods

    South Carolina, located at 55 Sleepytime Dr Waterloo, SC 29384 provides service to its customers in the category of Mattresses

    Lava USA Inc. — the U.S. operation of Lava BVBA, a Belgium-based producer of knitted fabrics for mattress covers — has invested more than $3.8 million to relocate its operations from Gastonia, N.C., to a larger facility in York, S.C., with the expectation of adding 30 jobs over the next five years. The company’s 100,000-square-foot textile production and warehouse facility is located in an existing building. Operations already have begun, but Lava plans to acquire additional machinery over the next few years. The company reports it plans to add at least 10 new positions this year, with more becoming available as equipment is added. “We are pleased to have our new plant up and running and look forward to adding moreproduction capacity over the next few years,” said Robert Jones, plant manager, Lava USA. “York County had an excellent building available that suited our needs and provides us with ample space to grow. South Carolina also has the positive business environment and strong workforce we need to continue expanding our operations.” “It is refreshing to see a globally-competitive manufacturing operation added to York County’s rich textile history,” said Buddy Motz, York County council chairman. “We welcome the new jobs and investment from Lava USA in western York County.”

    http://www.textileworld.com/textile...0/09/lava-usa-relocates-to-york-sc-adds-jobs/

    http://lavatextiles.com/history/

    If you look at the companies history over the past 10yrs they certainly look like a company on the move and growing, with expanding production facilities in the U.S as well as Romania and Belgium, plus Ted, sorry HotTed reckons it's a No Brainer that we must be 'In Bed' with a company, who is not only an hours drive away from Greenville, but also deals in Mattresses from Sleepytime Dr, a match made in Heaven, the Bedroom and Sth Carolina surely !

    Well, according to(not so) HotTed it is, i on the other hand had nothing to do with this and think it was a complete waste of my time, but i did learn a thing or two about Volcanoes, so not a complete loss i guess

    Cheers and thanks for your time and effort in answering our Q's

    Frank + Ted
 
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