KaMin LLC Announces CADAM S.A. Restructure
This restructuring will right-size CADAM's operations in order to create a long-term sustainable business model. This restructuring will lead to a reduction in workforce and will enable CADAM to streamline operations so it can flex its resources to match its demand.
Ernest Gay, CADAM's General Manager, states, “This was a difficult decision, but one that is needed in order for CADAM to continue to supply high quality clay to our customers while maintaining a long-term sustainable business model.”
ABOUT KAMIN LLC AND CADAM S.A.
KaMin LLC is a leading producer of kaolin to a global customer base from its operations in Georgia. CADAM S.A. is a leading producer of fine particle kaolin with operations located in the Amazon region of Brazil. CADAM also has offices and warehouses in Antwerp, Belgium and Shanghai, China. KaMin LLC purchased a majority ownership position in CADAM in May 2012.
Website: http://www.kaminllc.com
Contact
Ernest Gay
55 91 9180 1297
This news is a press release provided by KaMin LLC.