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Indicadores clave 2022 de Factor Ingeniería y Decoletaje

Factor shares its key indicators for the 2022 financial year

This step is a further demonstration of our commitment to our customers, employees and collaborators, and allows us to provide a more detailed view of our performance over the past year.

We believe in the value of transparency and engagement with our stakeholders. For this reason, we are sharing indicators that we believe are important for fiscal year 2022. First, we achieved significant revenue growth. Compared to 2021, we improved our revenues by 54%, reaching the figure of 9.1 million euros. This reflects the commitment and efforts of the entire team to increase the competitiveness of our services to customers around the world. In terms of international operations, we have seen significant improvements in our exports to Europe. Sales to countries such as France and Germany, among others in the European Union, increased by 5% compared to the previous year.

In addition to these economic figures, we are particularly proud of our job creation efforts during the year. We increased our workforce to more than 80 people, a significant growth of 28%. A team that is a fundamental pillar of our development, where the incorporation of new talent gives us the opportunity to continue innovating in the metallic industry and offering services of excellence in smart manufacturing.

On the other hand, the incorporation of agile methodologies has allowed us to provide internal training in a very innovative way. Especially at the technical level in the production, quality and engineering areas. This system reinforces the polyvalence of the staff and helps us to maintain a continuous training update of the staff. In this line, we have always considered professional development as a differentiating element for the sustainable growth of the company. For this reason, we would like to share with you three commitments that support our strategy:

1. Commitment to training and specialization. We maintain an 80-20 ratio between university education and specific studies.
2. Commitment to job stability. 93.5% of our team has a permanent contract, providing a stable work environment and promoting job quality.
3. Commitment to career development. In FY 2022, 93% of our employees were evaluated on their job performance, a practice that has allowed us to establish a constructive dialogue between our employees and their direct managers, thus promoting their technical and competency development.

If you would like to see these indicators in more detail, we invite you to consult them on our website: https://factorsl.es/en/factor#keyfigures

These indicators are only a synthesis of our will to continue on the path of sustainable growth, the development of our team and the provision of quality solutions to our customers. Together, we hope to continue to achieve new goals and build an even more promising future.

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New CMM added to Factor's machinery park     

Hexagon Metrology's Global Lite and PC-DMIS CAD software, based on the Manufacturing Intelligence Enhanced Productivity concept, is becoming the fundamental quality tool for automating and optimizing the company's inspection and control processes.

In an ongoing effort to maintain high quality standards and gain operational efficiencies, we are pleased to announce the addition of a new coordinate measuring machine (CMM) to our machine fleet. 

The Global Lite will allow us to make accurate and reliable measurements to ensure the quality of our products. The combination of the Global Lite CMM and PC-DMIS CAD software provides us with a complete solution from data acquisition to analysis and reporting. This allows us to get faster and more accurate results, optimizing our resources and reducing production time.
The Global Lite 7.7.5 CMM offers reliable and accurate three-dimensional inspections with a maximum resolution of 0.1 μm and a high-resolution scale of 0.039 μm, while improving the efficiency of inspection processes thanks to the possibility of automating them and running them in batches. On the other hand, its XYZ measurement range (700 - 500 mm) is 100% adapted to the type of parts and assemblies we develop at Factor.

In addition, the Manufacturing Intelligence Enhanced Productivity approach gives us a comprehensive view of our processes, helping us to identify opportunities for improvement and optimization in real time. The machine and its control software are now fully operational in our facilities, helping us to gain a deeper understanding of our measurement data so that we can make informed decisions to optimize our manufacturing processes and deliver significant improvements to our customers.

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Factor promotes the improvement in the selection of people with VET Centers in Valencia

Ana María Sánchez, responsible for the people area in Factor, gave last Monday May 29th a first training workshop with the aim of promoting a better harmony with the VET teachers in Valencia regarding career guidance and selection processes of their students.

 

Lorena Benlliure Fabregat, Vocational Training Prospector of the Generalitat (Cefire Sagunto); Amparo Duro and Eva Gómez, FOL teachers of the Eduardo Merello Institute of Puerto de Sagunto; visited our facilities to participate in this meeting. With them we were able to share our approach to help students improve their skills when, for example, preparing their CV, preparing for job interviews and knowing the selection processes linked to the industrial environment.

With this initiative, Factor aims to promote better ways of communication and collaboration with Vocational Training Centers and Institutes, as they are key agents in the process of transferring knowledge and professional skills to the industry. Throughout our experience in the selection and management of people, we understand that FOL teachers are a key piece in this system of gears, because they are the ones who guide the boys/girls professionally on what training to choose or how to focus their professional career.

This workshop is but a "pilot" of a project that we would like to develop in the Community. We want to bring the industrial reality of Factor, as a reference company in the field of intelligent manufacturing, closer to the development of quality employment in collaboration with vocational training centers. Thus, and in this first contact, the experience could not have been more satisfactory.

Thank you Lorena, Amparo and Eva for your involvement and generosity. We will continue!

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Nippon diary by Tony Zarza

Antonio Zarza, production director at Factor, shares with us his experience in the land of the rising sun on the occasion of his participation in a training program at Nakamura-Tome Precision Industry Co.,Ltd. and organized by Daunert Máquina Herramienta.

Tokyo is the closest thing to feeling like I'm on another planet, something I'm sure I'll never experience, but despite the surprise, I prefer Kanazawa. It is a quiet and peaceful city and the birthplace of Nakamura-Tome Precision Industry Co.,Ltd.

Finally, I was able to travel to Japan, a trip I had been longing for for a couple of decades. The pandemic truncated the first attempt, and now yes, the Japanese country was kind enough to welcome me as a "student" of the Nakamura factory, manufacturer of CNC lathes on which almost all of my professional career has "revolved".

When we arrived at their facilities, we were welcomed with the Spanish and Portuguese anthem, in honor of the seven students. Four Portuguese and three Spanish. Thus began one of the most fascinating experiences with which I will enrich my résumé. In my opinion, nothing could be more satisfying for a machining professional than a visit to the heart of a factory where the machines, with which one earns one's living with enthusiasm and passion, are manufactured.

Antonio Zarza, director de producción de Factor frente a una máquina CNC de Nakamura Tome en las instalaciones del fabricante.
Antonio Zarza, Factor's production director, in front of a Nakamura Tome CNC machine at the manufacturer's facilities.

Not only that, I was impressed to see first-hand how such a technologically advanced company works. I have shared experiences and knowledge with colleagues who feel the same passion, I have had the privilege of visualizing the challenges faced by the metal fabrication market, and I have also learned some "secrets" that our machines have!

I share with you one of them. Geometry Navigator.

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Santiago Merino con Ana Sanchez (responsable de personas) y José Gastaldo (director comercial) en Factor.

Santiago Merino, 41 years at FACTOR

FACTOR was founded in 1982 with a team of 10 people. One of them was Santiago Merino, who retires today May 4, 2023 after 41 years of dedication in the development of the operations area of this company.

Santiago is a skilled, ingenious and problem-solving man, who went from performing off-machine operations or second operations, to being responsible for Health and Safety and taking responsibility for the assembly of components. We talked to him about his experiences in the company and this is what he told us.

Your early beginnings and those of FACTOR took place in parallel, how do you remember them?

I remember it as an act of courage. Initially we were a group of 10 people, a bit crazy but determined to face the challenge of building a company. We put a lot of teamwork and perseverance into it, we all did our best to move forward with the works that came in. In conclusion, the first years were a great adventure, which turned into a solid company.

Santiago Merino en el exterior de las instaciones de Factor en 1982

Santiago Merino outside Factor's facilities in 1982.

Can you briefly review your professional history?

In short: work, work and work. Personally, I have always wanted to grow professionally and I have tried to take advantage of the opportunities I have had. I studied Industrial Master's Degree, which today is vocational training, and I have taken multiple training courses both inside and outside my working hours. I was trained on programming, materials, cutting tools, etc. All this helped me to take on different positions in the company: I was in the stamping area, in turning and also final processes; there was even a stage in which I was responsible for Safety at Work, where I prepared reports and ensured security in the plant. Those were the beginnings of today's OHS.

What is it like to work in a family company?

For me it has been the best! I was fortunate to be part of the team from the beginning and throughout my career I have had the confidence and support I needed. Something that has always pushed me to give my best. I am delighted to have been part of this great family at Factor.

You have lived the generational transition, how was it?

In a word: orderly. Mr. Gastaldo knew how to organize the transition from management to his children very well. The training and subsequent incorporation into management positions was carried out in a timely manner. Without rushing and ensuring that everything was under control. Today FACTOR is a company that has firmly positioned itself in a very different reality from the one we started with. And that is good news for those who live this reality today.

Has there been anyone who has influenced your professional career? In what way?

Of course. Mainly my mother. She taught me the fundamentals of training. It was because of her that I "prepared myself for professional life", studying mechanics at the School of Industrial Mastery.
Then I undertook this beautiful project guided by a great man, José Gastaldo. A person with great leadership skills, who knew how and when to say things, how to motivate and show you the way to solutions, not problems. He had a great business vision and always managed to transmit security and confidence. I am sure that if XXX Gastaldo could see today how the firm is evolving, he would be tremendously proud.

How have you managed to maintain the level of commitment to your work for so many years?

My main motivation has been and is my family. My children and their education. This is the engine that drives me, but also my own desire to excel. I have always wanted to do my best and being part of a team like FACTOR is what drives you. It's like playing on a soccer or basketball team. Everyone wants to be a starter in their position, but the team is more important. Empathizing with teammates and supporting each other in dealing with day-to-day problems is very important in building a commitment to the job.

Is there any anecdote at FACTOR that you remember with affection?

In the company we have never been one to leave anything to chance, but I remember that after going to the notary's office when the company was founded, we went out to dinner. We celebrated well, very well. And the next day we started work at 6 AM! That first day we didn't do much, but it gave us the push we needed to get to where we are today (laughs).

What have been the biggest changes you have seen in FACTOR?

The biggest changes I have experienced are those related to management methods and work organization, and to technology. Today, processes are the cornerstone of the organization, and they are always being analyzed in order to improve them. On the other hand, technology has evolved a lot, both in manufacturing and inspection.

What cultural values have you experienced at FACTOR and do you think they have been maintained over time?

I think I could summarize them as "being an honest, professional team with a vocation for customer service". And yes, I think these values have been reinforced over time.

What is the change you would like to see in the company in the future?

I would love to see Factor continue on the path of growth, absorbing more workload and bringing more value to the industry every day. I would love to see the team getting better and better trained every day and that between us all we ensure the long-term sustainability of the business.

What advice would you give to employees who are just starting out in the company?

Effort. Nothing is achieved without effort, and every effort is rewarded. The history of each person is written by each person, taking advantage of opportunities and enjoying every moment.

How do you face your new future?

The future? For me, the future is day by day.
The truth is that I don't know yet what I'm going to dedicate my time to, and that new sensation is pleasant. I really like photography, motorcycles and above all, manual work. I guess I'll move around this triangle. I'll let you know...

Santiago Merino with Hector Piza, who takes over as head of Auxiliary Operations.

The entire FACTOR team appreciates your dedication and commitment. You have always facilitated the work of your colleagues, providing definitive and ingenious solutions. We wish you a well-deserved rest, dedicating your time to what you like the most, riding motorcycles, traveling and being with your family. It has been 40 years of pleasant memories. Good luck!

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