Cobra International Co. Ltd Announces Factory Lockout Effective December 4
josh hunter
- December 03 2008
- 2,625 views
- 22 comments
Cobra International Co., Ltd. is a major manufacturer of surfboards, kiteboards, and wakeboards based in Chonburi, Thailand. It is also the leading manufacturer of windsurf equipment, with more than 50-percent market share.
On December 3, Cobra Int. sent out a letter to many of its partners in the surfboard market to alert them that due to failed negotiations with the Cobra Labor Union brought on by rising manufacturing costs, the 55,000 square-meter factory will be shut down for at least five days.
Due to the sheer volume of surfboards produced in Cobra’s factory this could have an unfortunate impact on many people in the global surf market. The letter says this will affect all shipments currently in place and urges vendors to contact their customer service representative about specific PO’s that should take top priority.
Here’s The Letter from Cobra International, Ltd.
The current political and world economic climate makes it is necessary for Cobra International to control rising manufacturing costs. After the failure of 5 weeks of negotiations between the two parties and after the Cobra Labour Union did not accept Cobra Internationals final offer the Union deemed the negotiations a failure.
The management regrets that the current situation could not be resolved thru mediation and hopes to resolve this situation as soon as possible.
To ensure the safety for the non Cobra Labour Union affiliated staff and to avoid any intentional damage to the companies plant the Cobra Management called for a Special Paid Holiday effective December 3, 2008, and have no other choice but to announce a lockout effective 8 am December 4, 2008.
Cobra International will welcome Employee’s who wish to work back into the factory as early as Monday, December 8, 2008.
Unfortunately this issue will affect all shipment plans currently in place. As soon as physically possible we will supply you with a current finished goods list and revised production output plans.
Please inform your Customer Service person of any specific PO’s in your shipment plan that should take first priority, so that we can work with you to lower the impact on your business.
After receiving your priorities and/or partial shipment instructions we will get back to you ASAP with revised shipment plans.
Stay tuned to Transworld Business for updates as they happen, and weigh in with your opinions below.
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December 3rd, 2008 at 1:58 pm
What companies does this affect? Could it delay some of my orders? Not that I don’t have enough surfboards sitting in my shop right now anyway.
December 3rd, 2008 at 2:35 pm
YAAAAAAAAAAAAAAAAAA!!!!!!!!!!!
no more pop out poop
December 3rd, 2008 at 3:52 pm
Wow, uh, bummer.
December 3rd, 2008 at 5:04 pm
to bad so sad
December 3rd, 2008 at 5:07 pm
December 3rd, 2008 at 5:08 pm
know more nsp JUNK
December 3rd, 2008 at 5:10 pm
mark kelly can go back to selling used cars
December 3rd, 2008 at 5:14 pm
global can’t give that crap away now
December 3rd, 2008 at 6:35 pm
yahoo !!!! less pop outs for a few days ..
December 3rd, 2008 at 6:55 pm
Cobra International will be back online starting Monday morning December 08. Backlog recovery plans are in place as Cobra International will run two shifts per day, seven days per week until all customer orders are caught up and back on schedule.
December 3rd, 2008 at 8:17 pm
ya right
December 3rd, 2008 at 9:11 pm
BETTER THAN THAT BIC CRAP.
December 4th, 2008 at 7:15 am
there is a lesson no business is easy and I like the margins
just giving people what they wont
December 4th, 2008 at 10:54 am
I agree Mark Kelly will have his hand out-what a joke he is! No more Aussies in the U.S.!!!!!!!!!!!!!!!!!!!!!!!!!!
December 4th, 2008 at 5:00 pm
surftech must be bumming…..
December 5th, 2008 at 1:13 pm
I have been surfing a as you call it a pop out for years now. It has let me put food on my table for my family instead of buying 1960’s technology that falls apart every year or so. Its so funny how surfers hate advances. Tiger woods playing with wood clubs?? Tennis rackets arent wood anymore.
December 5th, 2008 at 8:34 pm
at last the end of the clones
December 8th, 2008 at 10:30 am
http://www.nationmultimedia.com/2008/12/04/national/national_30090153.php
December 8th, 2008 at 3:13 pm
any truth to the rumor that the new Sean White Surfboards for Target this summer will have be EPS with FCS fins and retail for $199.00 to 249.00 fro 5′- 8″ to 7′- 6″
December 8th, 2008 at 7:49 pm
you have no friends
December 9th, 2008 at 5:22 am
now the country is headed for full civil war
looks like know more pop outs from thailand
December 31st, 2008 at 11:51 am
Are there any updates to the Cobra lockout?