COMER INDUSTRIES SUPPLIERS

In 2022, the raw materials and components used to make finished products were supplied by around 1,200 suppliers and generated a total purchase value of 635 million euros. To manufacture its finished products, the Company uses raw materials and semi-finished products, mainly cast iron products and components in ferrous alloys or steel. As the product range has expanded, plastic has become a component of focus for the Group. In terms of expenditures, it is shown that 80% is attributable to the purchase of steel, cast iron, and plastic materials in the percentages of 71%, 27% and 2%, respectively. The remaining 20% relates to the purchase of electronic and commercial components.

The supply chain has been developed following the needs of the production plants located in Europe, India, China, USA, and Brazil in order to ensure fast market response, flexibility and growth of supplier know-how.

More than 65% of the purchasing volumes of major production facilities are procured from local suppliers, i.e., located in the same geographic area where the product is assembled.

At the same time, the activities of risk mitigation and approval, standardization and synergy of components, have led the Company to take advantage of different supply alternatives, simultaneously supplying both local markets and foreign production plants.