Sleeping Solutions Production, a manufacturing entity of Recor Group based in Genk, Belgium, is closing its books. The entity with 39 employees made mattresses and beds and was a supplier to Recor Bedding Europe NV.
Sleeping Solutions Production's margins had long been under pressure, partly due to rising costs of wages and raw materials. Volumes were also too low for the plant's capacity. Talks were held with third parties to fill the factory capacity, but unfortunately without results.
Recor Bedding Europe NV, which works with several suppliers, will transfer the production of the collections made by Sleeping Solutions Production to another partner with the necessary capacity, knowledge and experience. Talks on this are being initiated. Recor Bedding Europe NV is confident that continuity is assured and is taking the necessary steps to guarantee delivery to retail partners.
At Brussels Furniture Fair, the sleep specialist showed, among other things, WAVE, an entry-level collection with four levels of mattresses, different headboards and a linear adjustable base.
About Recor Group
Recor Group is a furniture company with six brands and its own production entities in Hungary, Slovakia and Romania. The group, whose brands include Sofabed, Belform, Recor Seating and Recor Bedding, employs some 450 people.
The company was founded 75 years ago in Hasselt by René Corthouts. Today, Adrien Corthouts, René's grandson and third generation, is at the helm. He is the driving force behind the strategic repositioning that is preparing the family business for the future. "Each entity must be able to develop and grow independently, with healthy profitability," Adrien explains. "Production in Belgium is unfortunately no longer profitable in our market segment. Sleeping Solutions Production is our last Belgian production entity that unfortunately has to close. To our great regret, we have to say goodbye to our colleagues.".
More information:
Recor Bedding
www.recorbedding.com