It is no coincidence that the company has reached these levels. The path that led to this result is made up of smart investment policies (both in production, technology and IT) and by the years of experience of its leaders, namely the brothers Luca and Enrico Morini, the absolute majority shareholders of the Group. The former has also been President and CEO of the Fonderia Morini Group since 2009.
Reliability comes from experience
The Morini brothers have been working in the family business for over thirty years. This has allowed them to develop important experience both in the foundry field, and in terms of workers, equipment innovations and modernization of the company.
It is thanks to this experience that they have managed to make the company flexible and reliable in responding to customers and suppliers, developing an advantageous investment policy.
Fonderia Morini's policy: perfect balance between corporate liquidity and investments
The investments of Fonderia Morini have been numerous and varied in their destination, but one factor is common to them all: in each one, the balance between the invested capital and the company’s financial capacity has been guaranteed. In this way, it was possible to keep company liquidity high, which in turn made it possible to cope with times of crisis without serious damage.
This is how Fonderia Morini faced, for example, the crisis in the early 90s, the one between 2008 and 2009 and also the last one due to the Covid-19 pandemic in 2020, without having to turn to credit institutions.
This has made it reliable both as a customer of suppliers of raw materials and mechanical processing and towards its customers.
An interview with Luca Morini on the subject of reliability
Luca Morini is well aware of the evolution that has led Fonderia Morini to become a leading company in terms of reliability.
Watch the interview on Fonderia Morini’s YouTube channel to find out more about this journey.