GARMCO invests $10 million in facility development

Published September 10th, 2003 - 02:00 GMT
Al Bawaba
Al Bawaba

Arabian Gulf aluminium rolling mill GARMCO is investing in both its plant and staff in order to increase its annual capacity from 125,000 to 145,000 tons. 

 

Already underway, the improvements being made on GARMCO's plant are extensive and will allow the company to increase their production and efficiency whilst maintaining the same level of manpower. Some $10 million is currently being spent on industrial hard ware and processes, including new slab heating furnace, extension of hot mill tables and speeding up of number two cold mill.  

 

As well as improvements being made on GARMCO's industrial site, the company is also heavily investing in its staff to further enhance their ability to efficiently produce a quality product. Ongoing Career Development Programs (CDPs) are implemented at the on site training facility in mechanical, industrial process, operation and technical applications.  

 

GARMCO was established in 1981 and was created from a joint venture of the Gulf States. Today Bahrain is the largest shareholder followed by Saudi Basic Industries Corporation (Sabic), Industrial Bank of Kuwait, Gulf Investment Corporation, the Sultanate of Oman, the State of Qatar and the Republic of Iraq. — (menareport.com) 

© 2003 Mena Report (www.menareport.com)