Eucatex Group was founded back in 1951 and it is a sheet metal factory that began operating in Salto in the year 1954. It kick started its operations with the focus on producing liners and insulation from eucalyptus wood fibers and marketing them to interested parties. As the years have gone by, Eucatex Group has experienced rapid growth in its operations leading to the present enterprise it is today. It currently satisfies the furniture making and packaging needs as well as supplying big industrial constructions, cars and toys. It also supplied foreign markets with doors and plates.
At the moment, the group is concentrating on the construction sector and furniture industry. The company owns a complex of three factories. The factory manufacturing paints and varnishes operates from Salto and the factory dealing with panels and flooring works has its operations based in Botucatu. The company also has a Forestry Unit that runs a seedling nursery. Eucatex opened an industrial plant at the Municipality of Salto in Sao Paulo State. This new plant will be in charge of production of thin high density fiberboard and the medium density fiberboard (FDF). The Maluf family is the parent company of the Eucatex Group and its chair is Flavio Maluf.
About Flavio Maluf
Flavio Maluf is a prominent businessman based in Brazil who was born on December 2, 1961 in Sao Paulo. He is the eldest son to Paulo Maluf, a Brazilian politician. Flavio is a mechanical engineer by profession having attended and successfully graduated from the Armando Alvares Penteado Foundation (FAAP). He is presently holding the post of Company President of the Eucatex Group as well as the GrandFood Group.
Flavio mentors the budding entrepreneurs by expounding on the various ways of achieving success and profitability when they internationalize their businesses. He points out that it is crucial for the entrepreneurs to perform a study and internalize the target market in order to find the segment level they need to exploit. He also adds that it is important for entrepreneurs to act in a local manner but think in a global way.