This new factory, which has 44 production stations, created around 50 new jobs, which allow the company to produce approximately 4000 pairs of EVA soles per day, which represents a production capacity of 1 million pairs of EVA soles per year.
New unit reinforces the production capacity of the company Vapesol, which starts to produce 25 thousand pairs of soles a day.
Vapesol, a company located in Portugal specialized in the production of soles for footwear, invested two million euros in a new factory exclusively dedicated to the production of EVA soles, a synthetic foam that combines its extreme lightness (they are 70% lighter than conventional soles) with comfort, which has generated enormous demand in recent years.
The new factory also has the particularity of allowing 100% reuse of EVA waste, reincorporating it into production.
In full operation since February, the new factory operates six days a week, in three shifts, and employs 50 people, 44 of whom were hired for the purpose, and allows the production of 4,000 pairs of soles a day.
In total, Vapesol has around 160 workers, needed to keep the two units working 24 hours a day in all materials.
Around 1,250 million euros were invested in the acquisition of 5 new machines for its main unit, for the injection of thermoplastic rubber and TPU (thermoplastic polyurethane) soles, but in three colors, a market niche with great demand in recent years.
With a total production capacity that now exceeds 25,000 pairs of soles a day, Vapesol exports 10% of what it produces directly, but indirect exports – many of its customers subcontract the production of footwear in Portugal – exceed 90% , with special emphasis on Western European countries.
Vapesol has been in particular demand from eastern countries such as Slovenia, the Czech Republic and Poland, and from the Nordic countries.
The USA, Australia, Colombia, Mexico and India are other important markets for the company which, in 2021, earned more than 23 million euros, reaching its second best mark ever (in 2017 it sold more than 24 million).
In the first four months of 2022, Vapesol is already growing 26%, which gives great encouragement to the initial forecast of the company that intends to close the year with strong growth.
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