Burton to close South Burlington manufacturing plant

first_imgBurton announced Tuesday that it will shift premium snowboard production from its small, Vermont-based Burton Manufacturing Center (BMC) to Austria, where the company has been building snowboards for over 25 years. Product design and development will still be home-grown in Vermont, where the company will relocate its snowboard prototyping resources from BMC into a new, purely R&D-driven prototype facility at its global headquarters in Burlington. Burton said 43 jobs will be lost, leaving 377 in Vermont and 900 worldwide.BMC, located in South Burlington, Vermont is slated to close in June of this year. Burton’s premium factory in Austria already has the high-end technology and capacity to increase its production. Forty-three employees will be affected by BMC’s closure, and Burton is working closely with the Vermont Department of Labor’s Rapid Response program to assist these employees with unemployment and re-employment resources. “When I started Burton Snowboards in 1977, all we did was make snowboards in Vermont,” says Jake Burton Carpenter, Founder and Chairman, Burton Snowboards. “Thanks to the BMC staff, we’ve excelled at prototyping and developing product in Vermont, which is why all four Burton Olympic halfpipe medals were won on snowboards coming out of our local factory. But simply put, it costs us significantly more to produce a board in Vermont than we are capable of selling it for, and sadly, this is not sustainable in the current economy.”Carpenter started the company in Londonderry after seeing someone riding a homemade board.Carpenter cited several factors for closing the South Burlington facility in a Burlington Free Press story, including labor, real estate, utility and health care benefits. The cost is significantly less in Austria, he said.The relocated BMC R&D facility will continue to turn riders’ ideas into the most advanced prototypes on snow, with the added benefit of having all prototyping resources under one roof at Burton’s global headquarters, Burton said in a statement.”Our biggest priority at Burton is to make the best product for snowboarders, and we do that by listening to riders and investing more in research and development than anyone in our industry,” says Burton CEO Laurent Potdevin. “It makes the most economic sense to produce all of our high-end snowboards in Austria. Here in Vermont, we will continue to focus on advanced product development, which will allow us to bring the latest snowboard technology to riders faster than ever before.”Burton is the world’s leading snowboard company and owns other top boardsports brands, including Channel Islands Surfboards, DNA Distribution (Alien Workshop and Habitat Skateboards), The Program (Forum, Special Blend and FOURSQUARE) Analog, Gravis, ANON and R.E.D.  After the BMC manufacturing changes, Burton and its family of brands will employ over 900 people worldwide.Source: Burton. 3.16.2010last_img read more

GiG appoints HooYu to harmonise KYC lifecycles

first_img GiG lauds its ‘B2B makeover’ delivering Q2 growth August 11, 2020 Share Betfred counters Oppenheimer bid in race to rescue Phumelela August 26, 2020 Submit Stockholm-listed Gaming Innovation Group (GiG) has appointed HooYu, developer of digital identity verification systems to revamp its customer compliance and KYC frameworks, improving player experience and engagements.Focusing on smoothing customer onboarding disciplines, HooYu is tasked with enhancing GiG’s all-around KYC capacities and processes, at all points of a customer’s lifecycle.Updating stakeholders, Mark Weston, Head of Payments at GiG commented: “By integrating HooYu we can reduce KYC review times from hours to minutes. We listen to what our customers want and they tell us a fast and easy process is key.“HooYu brings us a huge saving of manual effort that allows us to scale further and lets us focus on providing the best games and experience to our customers.”HooYu utilises customisable UI & UX tools to facilitate ID document validation, facial biometrics, address proofing and also enables customers to provide source of funds information where required.The announcement sees HooYu continues its strong industry commercial momentum, having been appointed as lead KYC solutions supplier for UK legacy bookmaker Betfred this summer.David Pope, marketing director, HooYu added: “The HooYu customer journey tools are relevant not just to customer sign-up but to all parts of the customer lifecycle to help strike the right balance between a great customer experience and compliance with regulatory requirements.” Related Articles StumbleUpon Share Betfred extends World Snooker Championship deal until 2022 August 17, 2020last_img read more

Chelsea set to sign Bakayoko from Monaco

first_imgThe deal had been slightly delayed as Bakayoko has been recovering from minor knee surgery that he underwent at the end of last season.Bakayoko helped Monaco win the French title last season for the first time in 17 years, making 51 appearances as Leonardo Jardim’s side also reached the semi-finals of the Champions League.His arrival at Stamford Bridge could pave the way for Nemanja Matic to leave the club.Sky Sports News HQ understands Manchester United have identified the Serbia international as a target as they look to strengthen their defensive midfield options.But Chelsea are understood to be reluctant to sell Matic to United after Jose Mourinho secured the signing of Romelu Lukaku ahead of them.By Sky Sports0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Monaco midfielder Tiemoue Bakayoko is set to join Chelsea. PHOTO/SKY.LONDON, United Kingdom, Jul 13 – Chelsea have agreed a SH 5.3B (£40m) deal with Monaco for midfielder Tiemoue Bakayoko, according to Sky sources.Sky Sports News HQ understands the 22-year-old will have a medical later this week ahead of his move to the Premier League champions.last_img read more