According to the letter by Eucatex president Flavio Maluf, the company and Duratex have entered into a partnership to carry on business together. The deal includes Duratex acquiring Eucatex’s farm Capão Bonito, while Eucataex will in exchange gain from the acquisition of a production line of wood fiber sheets in Botucatu. Eucatex will not leave the Capão Bonito farm wholly as they will stay for production of raw materials but have entered into the deal since it is near to a Duratex unit in Itapetinga. This is part of the Duratex resumption of production in the area which became official in April. Read more about Flavio Maluf at Wikipedia.
The Botucatu production plant has 280 workers with an annual production of approximately two hundred thousand cubic meters per year. The deal is awaiting CADE approval. Once finalized, Eucatex production will increase by 40% for paper printing, 70% for fibrewood, and 30% for paint capacity. The company is seeking to strengthen its local and international business, and this is some of the initial efforts. According to Flavio Maluf, the acquisition will place the company in a better place to manage and plan its sales, maintenance, and reduce process losses.
Flavio Maluf follows in the theories of David Pinto, the founder of the School of Entrepreneurship Longitude, saying that business missions are difficult unlike what is expected, but people have to be firm. He says that individuals should aim to always be focused. Losing focus can lead to accumulation of work delaying delivery time of tasks, this invokes panic, despair, and unprofessionalism. He advises his workers to set timely goals for example, weekly, monthly, or daily and try to follow the plan as much as possible.
Moreover, Flavio Maluf discourages coffee and snacks breaks as they tend to encourage unnecessary conversations that take time and draw employees’ attention from work. He says such breaks though not prohibited should be short to avoid the temptation on random conversations.
Additionally, one should be open to new methodologies as a way of keeping productivity ongoing by coming up with new ways of handling tasks. Research on current and developed methods in productivity help to reach maximum work rate and incomes.