BVC - Nov, 2015 - page 78

78 November 2015 - Business View Caribbean
Trinrico struggled with a sole raw material supplier
that marketed its products through encouraging other
manufacturers to be formed, and what was perceived
as an unfair local and regional pricing policy. The tech-
nology remained stagnant, and the market changed.
Local, regional, and international manufacturers all
sought to fill the void Jack Ramoutarsingh left behind
and their partnerships with global entities plus the im-
plementation of modern technology left his company
uncompetitive.
But like his father before him, Daniel was driven to
succeed. He went to work for his father at an early
age. He began at CENTRIN and then was reassigned to
Trinrico. Toward the end of their days at CENTRIN, fa-
ther and son had begun to experiment with alloy steel
through a tolling agreement. Though it was successful,
the scale was very small and the elder Ramoutarsingh
predicted that one day the hot rolled production of re-
bar would become common and uncompetitive in a
market saturated with competing manufacturers on
an international scale. Daniel travelled to Europe, and
re-introduced the family to the leading machine manu-
facturers and suppliers. He eventually arrived in Italy,
to the very same region where his father had procured
and built his own machines. He remembers calling his
father from an office in Udine, to let him know that
he had just purchased a machine and now he had no
money, to which his father simply answered “Welcome
to manufacturing.”
While Ramoutarsingh was Marketing Director, but not
yet the Chairman of Trinrico, he took a slight detour
from the family business, finding success first as an
1...,68,69,70,71,72,73,74,75,76,77 79,80,81,82,83,84,85,86,87,88,...94
Powered by FlippingBook