ITALY – CHINA JOINT VENTURE – INDUSTRIAL SEWING MACHINES
Vi.Be.Mac. S.p.A. (VIBEMAC) closes the agreement with the Chinese Jack Sewing Machine Co. Ltd. (JACK STOCK), world leader in the sector.
A few days after the end of the Business Forum Italy - China 2018, the joint venture between the Verona-based VIBEMAC - the leading company in the production of industrial automatic sewing machines specialized in 5 pocket jeans - and the Chinese Jack Sewing Machine Co. Ltd - the global giant -, concluded on 4 July 2018, at the City Hall of the Municipality of San Giovanni Lupatoto, Verona.
The Mayor of San Giovanni Lupatoto, Mr. Attilio Gastaldello and Mr. Fulvio Sartori, Deputy Mayor. From VIBEMAC: Mr. Alberto Guerreschi as CEO, Mr. Enrico Guerreschi as Sales Director, Ms. Elena Guerreschi as Head of Marketing & Corporate Image Consultant; the founder directors Mr. Carlo Guerreschi and Ms. Giovanna Vinco.
From JACK STOCK: Mr. Jixiang Ruan as Founder & Group Controller and Ms. Xu Cuiling as General Manager of Jack Smart Sewing Centers.
VIBEMAC COMPANY PROFILE
38 years family history, 60 employees, Euro 13 million revenue in 2017, VIBEMAC serves more than 3.000 clients and exports, in 60 countries all over the world, automatic sewing machines which grant the industrialization across each step of 5 pocket jeans production.
Founded by Carlo Guerreschi and his wife Giovanna Vinco in 1980 in Verona part of the “North- East” area where Denim apparel has always been one of fashion symbol, VIBEMAC started as Singer Assistance Center.
From the beginning VIBEMAC produces automations to satisfy the demand of global producers. Carlo Guerreschi foresaw the opportunity to specialize the machines for the production of the denim jeans: a successful choice.
In 1985, the launch of the first automatic loop setter, the first automatic industrial machine with sewing head VIBEMAC, made history in 5 pockets jeans sewing units. Technology and specialization are strengths, investing in innovation even during the years of crisis. VIBEMAC owns a large range of automatic sewing machines: 36 models in total, 1.300 automatic units are produced per year.
PRODUCTS OF VIBEMAC
VIBEMAC is today recognized leader in mechanical precision and automation. Original, versatile and user-friendly, the automatic units VIBEMAC are technological platforms able to guarantee high and constant quality and efficient performance productivity of five-pocket trousers. Quality, flexibility, low running costs, agile and timely customer service complete the competitive advantage of the products. Over the years the company has developed a series of patents which offered tailored solutions to important customers brands worldwide needs.
SALES NETWORK VBM
95% of VIBEMAC automatic units are exported worldwide to different countries as Bangladesh, India, Pakistan, Central and South America, Europe, and China.
Starting from the second half of the 90s, VIBEMAC developed its sales network, which since 2014 is structured in the VBM franchise, an organized system of services, used by over 20 partners worldwide.
JACK SEWING MACHINE CO. LTD. (JACK STOCK) COMPANY PROFILE
Established in 1995 and present in the Shanghai foreign exchange market, JACK STOCK is an international company headquartered in China, a leader in the industrial sewing industry that has been producing a wide range of equipment for 23 years: intelligent industrial sewing machines, cutting machines automatic and energy saving electric motors for sewing machines.
JACK STOCK products are used by the automotive, aerospace, apparel, footwear and luggage, furniture, advertising and many other industries. Innovation is the real beating heart of Jack's development.
Attilio Gastaldello, Mayor of San Giovanni Lupatoto:
“The commercial agreement signed today - July 4th - in the Municipality demonstrates the presence in the territory of San Giovanni Lupatoto of leading companies in its sector also at international level, as well as the vitality of a productive fabric that has always characterized this territory since origins. It is also a way of opening up to the global market without forgetting roots and maintaining employment levels, even increasing them”.
Fulvio Sartori, Deputy Mayor:
“The municipal administration, with various initiatives, including the now establishment of the Committee for productive activities, has started a dialogue with the local production companies to gather from the entrepreneurs and workers the requests and suggestions, in the belief that the work, just as our Constitutional Charter states, it must always be a fundamental part and characterizing the local territory, which the Municipality must always consider in the care of its community”.
Carlo Guerreschi, Founder of VIBEMAC:
"We strongly wanted the public signing of this agreement to take place in an institutional location such as the Municipality of San Giovanni Lupatoto, precisely in the wake of that link with the territory that saw the birth and growth of the company that I wanted found and maintained with its labor power, renouncing a more profitable relocation in a country with low-cost labor. We consider fundamental the collaborative and reciprocal relationship with the institutions, precisely in virtue of the principle for which the entrepreneur is and cannot fail to have a look also at the civic context in which it is inserted".
Alberto Guerreschi, CEO of VIBEMAC:
"The agreement signed today marks an important milestone in the history of our company and gives full effect to what I like to define as a successful model of internationalization. A joint venture that allows us to further invest and increase the dissemination of VIBEMAC product in the world and in the Chinese market. Innovative stitching pioneers, we are the Ferrari of industrial sewing machines for speed, quality and service. We have made experience, passion, technological know- how and innovation the soul of society and the key to winning the challenge of competitiveness. We have developed new high tech solutions; new information control distribution management systems; consulting services on production plants, training on the use of the product and systems of forums, chat and clouding for the exchange of information. All this to satisfy the demands of an increasingly demanding and competitive market”.
Enrico Guerreschi, Sales Director of VIBEMAC:
“We are working on turn-key projects complete with Operator Free automation, a new product on the market, a highly technological and flexible platform that does not require the continuous presence of an operator, or that he is specialized, thus ensuring maximum flexibility on the production line and on machines as requested by fashion trends that focus on innovation. The future of sewing of the five-pocket trousers is played here, on the know-how applied to technological innovation, a new concept of automation on which we also aim in the future.
The automatitions we have developed increase the quality of the product, drastically reduce the number of operators in line and the rejection in the construction phase of the trousers, with a substantial reduction in costs».
Elena Guerreschi, Corporate Image, Marketing, Safety, Environment Advisor:
“The participation of VIBEMAC at the most important international trade fairs, but also in fashion, places it among the most innovative and cutting-edge companies in terms of process. In this direction we embark on the challenge of creativity linked to innovation. We want to work side-by-side with designers, stylists and producers to illustrate and improve the potential of our product and guarantee a truly unique, original and high quality jeans”.
Mr. Jixiang Ruan, JACK STOCK Founder and Jack Group Controller;
Ms. Lucy Xu, General Manager, Smart Sewing Center General Manager and Jack Europe Administrator:
“We share with VIBEMAC company’s philosophy and values and are grateful to the mutual knowledge in these years. This agreement will bring growth to both partners. After the acquisition
–due to the added value that Jack can bring in terms of supply, production and distribution in China and in the world, with its more than 5 thousand sales and service channels in more than 120 countries - we will share with VIBEMAC an even wider market. Moreover, thanks to the brand, the experience and the technological know-how of the VIBEMAC units, we will enrich the automation of our products with the aim of quickly entering the market for the denim clothing automation, establishing a position of leadership in this area ".