Artmetal to Produce Machine Tools in Ethiopia
Artmetal is expanding into the production of machine tools and local ferric finished products to fill a perceived need in the market in Ethiopia according to Seid Hassen, General Manager of Artmetal parent company, Wide Business plc.
Artmetal was previously engaged in just the import of iron which costs much less than importing finished machine tools he said.
The Artmetal Supply and Ferric Processing and Engineering Factory in Alem Gena was expanded at a cost of 18 million birr to increase its production capacity to 600 cubic meters of ferric products monthly.
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