Beaulieu Yarns’ Production Site Awarded FM Global HPR Status
Beaulieu Yarns announced the achievement of Highly Protected Risk (HPR) status for its French production site, Ideal Fibres and Fabrics Comines. Awarded by FM Global, HPR designation means a facility meets the highest industry standards for property protection.
FM Global, Beaulieu International Group’s (BIG) industrial property and business interruption insurer for the past two years, offers a unique concept that supports the group in reducing its exposure to loss and increases its business resilience. A team of engineers focuses on providing assistance and protection of its assets, helping the group to achieve a higher level of risk protection.
The Ideal Fibres & Fabrics Comines site produces high quality yarns for a large variety of application and market segments, including the automotive industry. It scored exceptionally well in its FM Global assessment which focused on aspects such as fire protection, protection against natural hazard, mechanical breakdown of machinery, and cyber risks. The facility’s overall risk mark of 76 ranks it within the top 25% of its industry for fire risk prevention and protection.
“This HPR yarn production site reinforces strongly our supply chain security and demonstrates our engagement towards our customers and partners,” said Emmanuel Colchen, global sales director of yarns within BU Beaulieu Engineered Products. “Our contingency planning and risk management are essential, well-considered elements within our long-term business strategy to demanding sectors such as Automotive and Commercial & Residential floor covering contracts.”
Ideal Fibres and Fabrics Comines is the second facility in the group to obtain HPR status, and the first in Europe. Pinnacle Polymers in Garyville, La., also achieved HPR status as a chemical plant. The group is investing in increasing the level of protection at all BIG plants in order to protect its business continuity. The divisions are also implementing a number of safety programs to raise awareness of workplace safety and to maintain strong safety records.
“I am proud of Beaulieu Yarns for achieving the highly-regarded FM Global HPR Award and setting an example for the whole Beaulieu International Group,” said Karena Cancilleri, vice president BU Beaulieu Engineered Products. “This positive step reflects the strong commitment of the Engineered Products division and the rest of the Group to improving safety and protecting our workplaces and our production facilities.”
For more information, visit www.beaulieuyarns.com.