Vision For The Future
The HCI Group has a strong and sound investment strategy in place. While the Group is a broad organisation with interests in many different industries, it has ensured that it does not dilute any of its core competencies in each of its particular fields.
Indeed, it has put management teams in place in each of the different companies within the Group, who are all specialists in their particular fields. This allows them to focus on the particular needs of their company.
For instance, Formex Industries (encompassing Formex Pressings and Formex Tubing) is an organisation made up of highly skilled Mechanical, Industrial & Metallurgical Engineers. Particular competencies are the development, manufacturing and supply of pressed components for the catalytic converter and OEM markets, welding components and assembly.
Formex Industries has an in-depth and intimate knowledge of world-class manufacturing systems, including Lean Manufacturing and Six Sigma. In addition, it has strong Quality Systems in place and is recognised as a global supplier to the wide range of automotive and component manufacturers, such as Faurecia, Tenneco, VW and Ford.
Formex Industries has also developed strong relationships into Europe.