Gulf Aluminium Rolling Mill Company subsidiaries discuss strategies

Bahrain-based Gulf Aluminium Rolling Mill Company (Garmco) recently held its second Annual Subsidiaries Meeting which took place at the group’s headquarters in the kingdom.

Garmco is an international aluminium rolling mill and one of the largest downstream aluminium facilities in the Middle East.

The meeting which took place from November 1 to 3, brought together its international management team spanning the Middle East, Asia, Far East, Australia, Europe and the US, said a statement from the company. The three-day interactive sessions between the members discussed the group’s 2016 budget, Q3 results and reviewed the business performance which included a complete business operations analysis where it considered the strengths and weaknesses of the company and how it might improve, it said.

The meeting also discussed 2016 industry and economy forecasts, it added.

The subsidiaries were given more details on Garmco’s new $55 million cast house investment and also got to spend time with individual departments to discuss quality improvements and supply chain developments, added the statement. Each subsidiary representative presented regional market, their organisation and team composition along with the different distribution channels and importantly the specific needs of their customers, it said.

Jean-Baptiste Lucas, CEO of Garmco, said: “We are always connected to each other and there is no corner of the world that can be truly distant; yet, and as the group is undergoing a great deal of corporate re-structure it is always stimulating to meet in person and compare experiences.”