Entrepreneur and businessman, Flavio Maluf, is optimistic about the growth of industry in Brazil. His vantage point as the president of Eucatex provides him with a unique perspective that counters the lack of confidence many have felt toward the Brazilian economy in 2015. He states that, although pessimism remained constant even as late in the year as August, that executives within manufacturing are now hopeful. According to Maluf, the viability of the sector has improved and is showing signs of strength.
Corresponding with Maluf’s statement, the Industrial Conference Index had shown a lapse of 1 point during the month of August but had gained 2.1 points in the month of September. According to Maluf, this marks the highest level reached since July of 2014.
According to Flavio Maluf, there was also a rise in the Expectations Index, which, in September, achieved its highest score since July 2014. The Expectations Index measures the way consumers feel about how the economy will present itself in the following six months. Maluf also cites the Capacity Utilization Rate as a reason for optimism, as it tells us the proportion at which market potential is realized.
Flavio Maluf is the president of Eucatex, a company that produces products for the home that include varnishes, flooring, walls, partitions, and more. He has tremendous experience working in sustainable and renewable energy and is leading the way in green technology. His company has a recycling program that prevents many tons of discarded wood from ending up in landfills. It also saves an incredible 15 million liters of water and one million trees per year. The program also includes reforestation.
Eucatex’s four factories export to 37 countries and employ more than 2,200 people.
The business is a worldwide presence, with representative locations in Holland, Mexico, the U.S., Germany, and the United Kingdom. Its two main outputs are furniture and construction, which account for 41% and 40% of its revenues, respectively. Eucatex celebrated its 65th anniversary this year. Flavio’s official website can be seen here: http://flaviomaluf.com/