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Zoltek Companies, AŞ Message Board

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  • under_dogst0915 under_dogst0915 Dec 31, 2012 10:23 AM Flag

    Something sounds fishy with this company.

    As a new investor in ZOLT I just want to learn much as i can about the company. I couldn't believe that the plant in Hungary is that big that employs more people than the 3 existing North American plants and the plant in Mexico combined but if is true do to the cheap labor it can greatly benefit Zoltek's bottom line. As I'm learning carbon fiber is still to expensive to compete with steel and this is a huge obstacle to have a larger use in the auto industry. Therefore cutting corners including savings on labor costs can bring the company in a very competitive position in my opinion.
    Also having a big plant in Central Europe it can bring ZOLT's products closer to the European markets.
    Thank you guys for giving some answers to my suspicions.