NEWS AND NOTES

Additional focus on innovation and customer service

February 22, 2012

Mustad, the world leader in hoofcare products, including horseshoes and nails, announced Wednesday, Feb. 23, the consolidation of its global hoof nail production in Mustadfors (Sweden) and Emcoclavos (Colombia), following the closure of the Capewell production facilities in Bloomfield, Conn.
 
 “We are continuously looking for ways to improve our production, distribution and customer service,” said Hans Mustad, CEO of Mustad Hoofcare. “After a careful and thorough evaluation process, we have decided to close the nail production in Bloomfield and move the entire Capewell production to Mustadfors, Sweden. With the focus on two state-of-the-art production facilities in Sweden and Colombia, we are in a position to further improve the quality of our products, utilize innovations and even better manage supply as well as customer service,”
 
A total of 26 employees in Bloomfield are affected by the closure. “In line with Mustad’s values as a family company, with a 180-year tradition in social responsibility, we will offer support to all employees in Bloomfield, helping them to move on with their careers,” Mustad said.
 
“We are very grateful to the Bloomfield employees for their dedication and craftsmanship in producing Capewell horsenails,” said Petter Binde, Sales & Marketing CEO, Mustad Hoofcare. “Their efforts have been instrumental toward maintaining Capewell's 131-year reputation for exceptional quality with suppliers and customers from around the world. We will continue that positive legacy as we transition to the next phase of Capewell's future.”
 
The North American sales and customer teams for Mustad Hoofcare are not affected by the move.
 
The Capewell brand will remain unchanged and continues to be an integral part of Mustad´s market-leading, global product offering.