In the midst of these unprecedented times, our teams at FRP & Fleetline continue to be acutely aware of the need for the safety and well-being of our families, colleagues, customers, partners and the many friends who make up our wider communities. Our hearts are with those who have been affected by the outbreak of coronavirus from a health perspective and we extend our sincere best wishes to see them through to a speedy recovery.
From a business perspective the forward horizon, whilst fluid and uncertain, will inevitably deliver incredibly challenging economic conditions for us all as owners, managers and employees - conditions that will see many difficult decisions taken to ensure the survival of our companies and markets - so that we can navigate the rough seas and see us into calmer waters.
Within our own company we are working resolutely to reshape ourselves to face these economic headwinds, to act fast and first, and it is on this that we wish to provide an update.
FRP & Fleetline are in fact two brands within one company, each with differing strengths, each with differing challenges, each with differing strategies.
FRP is a major supplier of fibreglass product into the automotive tourism industry. With our borders closed it is no secret that this industry is under tremendous pressure which is unlikely to abate in the medium term with large scale loss of employment forecast. Indeed we are experiencing an immediate downturn in demand from clients invested in these markets and consequently are taking action by rightsizing this part of our business until such time as we have clarity on future income. This will unfortunately lead to job losses at FRP and whilst we don't take these decisions lightly, they are an absolutely necessary step to protect our core and ensure the ongoing viability of the business to supply the tourism sector long into the future.
Fleetline is New Zealand's only Kiwi Owned manufacturer of Fibreglass canopies and lids, with a full suite of solutions for the Utility and Light Commercial fit out markets. As a private business with a large family of staff in West Auckland we are extremely proud of what we make, of who we are. Our portfolio of products have expanded significantly in the last year, as has our footprint and reach.
Whenever we are all authorised to re-open Fleetline will be open for business and our teams will be available to assist whatever the new norm is, however we are all expected to act and react Fleetline will be right in there in the thick of it with you as we breathe life back into our business communities.
Such unprecedented times call for collaboration, for strength and for resolve. There has never been a more important time to pull together as New Zealand Businesses where statements of "Buy Local" and "Support Local" matter. These local partnerships with our employees, with our suppliers and with our customers will see us all through to rebuild and regrowth.
Thank you for supporting FRP & Fleetline. In any and every way we can we are here to reciprocate.