Primacy Industries chief promises to rebuild factory, ensures jobs for all employees

Mangalore, Jan 12: The president of Primacy Industries Limited V K Talithaya has said that despite huge loss in fire mishap his company would rebuild India's largest candle plant and make functional at the earliest.

Stating that Thursday night's accident has caused an estimated loss of Rs 50 crore, he said that the cause of mishap will be known only after an investigation by officials.

“We will take all necessary steps to rebuild the factory at the earliest and employees will not be put to hardship. The company will ensure jobs to all its employees,” he said.

"We will have to decide how to rebuild the company. All our international buyers have expressed their concern and also assured support to rebuild the company," Mr Talithaya said.

Primacy Industries Limited is a Manipal Primacy MVP Joint Venture Company and is one of the largest manufacturers of premium scented designer candles in the world.

Though the firm operates from Mangalore, it caters to some of the biggest stores in the US, Europe and the Middle East, including Wal-Mart, Dillards, Target, Tesco, Dollar Store, Michaels, Home Centre, Home Retail Group, Candle Artisan and others. For Indian customers, the candles are sold under the brand name 'Ekam.'

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