An investment of R60 Million into a new plant on Cape Road in Greenbushes, Port Elizabeth is tipped to bring employment to between 80 and 100 people from local communities in the Eastern Cape. This is according to Lighting Innovations Chief Executive, Brian Waddell. Waddell says; "Since we established the company in Johannesburg in 1989, local content has been at the core of our business. Economic developments in the Eastern Cape, including the announcements of new projects in commerce and … [Read more...] about Lighting Innovations Investment to Bring 100 Jobs to Port Elizabeth
investment
Continental Tyre Plans Additional R20 Million PE Investment
In the midst of the recovering market conditions, Continental Tyre South Africa has announced its most extensive product offensive so far. The company plans to further expand its market share in the commercial vehicle tyre sector. In this regard, CTSA has invested R 200 million in its Port Elizabeth plant, with another R 20 million investment planned for the future. Six new tyre patterns, available in five different sizes will be available over the next six months, all produced locally at … [Read more...] about Continental Tyre Plans Additional R20 Million PE Investment
