Manufacturers - Bundamba, QLD
Capral is an Australian company listed on the ASX (Code: CAA). It commenced operations in Australia in 1936 and is Australia's largest manufacturer and distributor of aluminium profiles.
Capral has a National footprint of world class aluminium extrusion plants, with 8 operating presses with annual capacity of 75KT.
Capral has an extensive distribution network, consisting of major distribution facilities, as well as regional and metropolitan centres with an extensive range of products and logistics capabilities.
Capral is a market leader in supply to fabricators and distributors, focussing on the Residential, Commercial and Industrial segments.
Capral has a comprehensive product range, innovative R&D capability, and is well positioned to take advantage of changing building regulations in Australia.
Capral employs around 820 people within its operations throughout Australia, with significant industry skills and expertise.
Transformation of Capral
Transformation of Capral is underway as part of a turnaround strategy. The first phase has been completed:
Recapitalisation of the Balance Sheet in November 2009 has significantly reduced Capral’s debt position providing Capral with the opportunity to deliver profitability and growth
Introduction of a new operating philosophy using lean management techniques
Implementation of a new management structure and accountability
Realisation of significant cost savings
Launch of an Anti Dumping case
Achievement of positive underlying cash flow and profitability
Write down of assets to reflect current utilisation rates
The Second Phase is now underway in order to optimise business performance whilst continuing to right size. For Manufacturing, this involves:
Delivering world class extrusion output rates
Delivering high levels of customer service
Develop profitable “value adding” activities
Consolidate space requirements at the Bremer Park facility
Improving capacity utilisation
For Sales & Distribution, this involves:
The acquisition of the OneSteel Aluminium distribution business
Extraction of acquisition synergies
Alignment of sales with key customer segments
Lift under-performing operations
Optimise the supply chain
Implement sales growth initiatives
Progressively, the focus will move to the third phase of the strategy which is to leverage Capral's capabilities and to pursue strategic growth opportunities.
On the application of Capral, in June 2009 Australian Customs and Border Protection Service lodged an investigation into the dumping and subsidisation of certain aluminium extrusions exported to Australia from China.