Yankee Candle Czech Republic

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Presentation transcript:

Yankee Candle Czech Republic Michael Ryan, Plant Manager Martina Sebestova, Human Resource Manager 5 th JUNE 2017

ABOUT YANKEE CANDLE The world´s leading manufacturer of premium scented candles and home fragrance products. During 47 years on the market Yankee Candle has become the most - recognized name in the global candle business. The headquarters of the company in Massachusetts, USA Part of Newell Brands – global leader in consumer goods Existing bonuses and benefits + new benefits

CZECH REPUBLIC PROJECT YANKEE CANDLE CZECH REPUBLIC PROJECT First international manufacturing facility of Yankee Candle A result of the extensive organic growth in the European market Our new manufacturing facility will provide the same premium products for costumers in EMEA region on a quicker time scale And why we decided for industrial zone Joseph in Most, Czech Republic? Geographic position just in centre of Europe Strong manufacturing heritage Local infrastructure Excellent support from Most town and Czech government Existing bonuses and benefits + new benefits

YANKEE CANDLE PLANT IN CZECH REPUBLIC Area of the plant 33,000 m2 Investment exceeded 52.5 million USD More than 300 jobs Modern and mostly automated technology and air-conditioned environment Existing bonuses and benefits + new benefits

CZECH REPUBLIC PROJECT TIME LINE Q3 2015: Site selection Feb 2016: Ground breaking Sep 2016: Technical staff hired Dec 2016: Building handover Jan 2017: Move in ! Feb 2017: Production start May 2017: Customer shipments start Jun 2017: 260 employees Q4 2017: Full production Roadmap * Excludes USA

CZECH REPUBLIC PROJEKT VÝROBNÍ PLÁN 2017 Production 2018 Full Year Vol Start At Standard Volume Jar Line C (Lge, Med & Sml Jars) Jan 1-Sep 5.6M 11.1M Jar Line B (Lge & Med Jars) Feb 1-Oct 4.8M 9.4M Votive Line 14.3M 34.1M Tea Light Lines 1 & 2 Mar 2.2M 4.6M Total Units   26.9M 59.2M

Thank you for your attention Your questions are welcome