LB group reports 15% turnover growth in 2016

LB Group of Fiorano Modenese has reported 15% growth in turnover in 2016 to reach more than 40 million euros, 70% of which is generated by exports.

Technological innovation, internationalisation and an ability to supply products and services compatible with an Industry 4.0 vision are the key factors behind this success, along with the growing commercial and operational synergies between LB and its subsidiaries Sitec and Sermat.

In the first half of 2016, the company opened two foreign branches in strategic markets for the development of its business plan, one in Tennessee (USA) and the other in Gujarat (India).

The group also has some major projects in the pipeline for 2017, including a new project in the field of proactive support, training and consulting in cooperation with the innovative start-up AST4. “The software we are working on communicates with plant and machinery, exchanging key information for process analysis and control of the data generated by the production systems,” explains LB’s CEO Emilio Benedetti. “This improves the efficiency and productivity of the plant and machinery.”

The LB group has around 120 employees and is today the leading global supplier of plants for glazed and unglazed porcelain tile production, for dry milling with microgranulation and for powder treatment in the ceramic sector and allied industries. LB also operates successfully in the field of pre-mixed materials and collaborates with the world’s leading manufacturers, including the Weber-Saint Gobain group which in 2016 commissioned a second plant from LB after the first one built for the plant in Chennai, India.