CVS to double production in three years

CVS’s new 39,000 sq m factory, about 3 km from its Roveleto di Cadeo headquarters in Italy, has been fully operational since July. The plant will consolidate the company’s manufacturing facilities and will eventually lead to a doubling of its production capacity – 600 units in three years.

CVS has also appointed a new CEO to help it move forward; Artemio Affaticati (53) took up the role of CEO and group managing director from September 3. Affaticati has 15 years’ experience in the logistics industry. He was president of the materials handling product division of Siemens AG – Logistic and Assembly Systems in Nuremberg, Germany and, before that, was responsible for the global development budget of the materials handling division of Siemens Dematic AG.

According to Affaticati, the new factory will increase global production output in two ways: “By providing a more efficient workflow to all fabrication and becoming the new assembly plant for our new product, the electric straddle carrier; [and] by shifting the metal cutting and forming machines from the main plant to the new factory. In this way we have doubled the space available for the final assembly of reachstackers, forklifts, tractors and container runners.”