Page 97 - 2019\20 KZN Top Business Portfolio - EBOOK
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Future investment is expected to include the construc-
       tion of a large warehousing facility in Ladysmith. In
       order to facilitate this construction, Defy recently signed
       a lease with Transnet.
       Continued refurbishment of the 60-year-old plant in
       Jacobs is expected to follow. Significant upgrades of
       the production lines that currently turn out cooking
       appliances and tumble driers have been planned.
       By 2020, Defy is looking to expand output to include
       new  cooking products such as 60  cm built-in  ovens
       and a new free-standing stove.
       Albas said Defy planned to export at least half of its
       production from the Durban plant. First orders have
       already been received from India, Bangladesh, Sri
       Lanka and Paraguay.
       The new plant is producing 200 machines per shift
       at present and this is expected to increase to 350
       per shift.
       Albas said the plant had been designed to more than
       treble this capacity.  Defy was confident that the
       orders needed to operate at full capacity would be
       received within a very short space of time.
       The new plant has created 75 new jobs. Employment
       would grow as new shifts were added to accommodate
       growing orders.
       Ozturk pointed out that South Africa was of strategic
       importance to Arçelik and that South Africa was now
       regarded as the headquarters for its operations in sub-
       Saharan Africa.
       The three local production centres would be supported
       by extensive research and development and the global
       manufacturing network of Arçelik.
       Davies noted that Defy was well positioned to benefit
       from the signing of the African free trade agreement
       which was rapidly gaining momentum. Already, a
       third of the country’s exports went to Africa.
       He also welcomed Defy’s commitment to growing
       local skills and boosting its South African supplier base
       through the localisation programme that accompanies
       this new investment.


       Full Name of Company: Defy Appliances (Pty) Ltd  Accountants: Ernst & Young
       Nature of Business: Manufacturing and distribution of
       white appliances                     KEY PERSONNEL
       Date Established: 1905               Chief Executive Officer: Evren Albaş
                                            Chief Financial Officer: M. Loxley
       No. of Employees: 3000
       Current Customer Base: Most SA furnishers and   CONTACT DETAILS
                                            Physical Address: 135 Teakwood Road, Jacobs, 4052
       retailers                            Postal Address: P.O. Box 12004, Jacobs, 4026
       Subsidiaries: Defy Namibia, Defy Botswana Holding   Tel: +27 (0)31 460 9711
       Company: Arçelik A.Ş. (Turkey)       Fax: +27 (0)31 460 9800
       Bank: Standard Bank                  Website: www.defy.co.za
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