UAW president Shawn Fain said “we’re not going to wreck the economy. “That’s because the unionized part of the industry, while still large, is not as big a piece of the national economy as it once was,” Gabriel Ehrlich, an economic forecaster at the University of Michigan, told CNN.īut the ultimate impact of the strike depends on things like how long the strike lasts, if companies lay off workers at other plants, how many workers walk off their jobs and how long the unions and companies take to negotiate a deal.
With the United Auto Workers’ historic strike officially underway, experts say the US economy is already getting bruised – but the strike’s impact isn’t likely to push the nation into a recession. One of the projects is to set up a recreational area more suitable for an evening audience, such as a lounge bar or dancing floor.īusinesses can contact selected financial institutions in their country to access EU financing through our access to finance website. Looking ahead, Michele is already exploring new ways to use the space. “Thanks to the financing, we really achieved our goal to have a day-long business and keep the company alive.” “This was a godsend, no doubt about it”, adds Michele. The company can now use freed up resources to support their core activities, like sourcing the best raw materials and staffing. purchase a multi-fuel boiler with higher energy and environmental efficiencyĪs a result of these changes, the company now has an estimated yearly savings of €60,000 in energy costs and 34,000kg reduction in CO² emissions.
#Beyond bakery install#
install a photovoltaic system for electricity production.replace traditional lamps with LED lighting.With this financing, Il Mondo di Bua was able to:
To finance this investment, Il Mondo di Bua received an EU-guaranteed loan through Banca del Mezzogiorno MedioCredito Centrale, backed by EIF. He decided to invest in restructuring the electrical, hydraulic and heating infrastructure. In 2016, Michele extensively evaluated operating costs and concluded that energy consumption was one of the biggest ones. We could only see the money with binoculars!” “We were close to the breaking point and, during 3 years, I went to different banks but couldn’t get the credit-line I needed. “It was getting really difficult” explains Michele. With this expansion, however, came escalating operating costs. In addition, they offer catering services and host events like weddings or baptisms. Today, the business runs from 6 am to midnight. Beyond the bakery, there is a restaurant, pizzeria, ice-cream parlour, patisserie and bar.
Michele started the business as a bakery but wanted to expand to offer his ‘fuel’ throughout the whole day. Il Mondo di Bua was established in a former industrial warehouse where it produces, as Michele says, “fuel for humanity!” Il Mondo di Bua is a family business near Alessandria in the Piemonte region of Italy, founded and run by Michele Bua and his wife Lucia with the help of their 3 sons. Location: Castellazzo Bormida, Alessandria, Piemonteįinancial Intermediary: Banca del Mezzogiorno MedioCredito Centraleįinancing purpose: improving infrastructure
0 kommentar(er)
