Folda Expands Operations In Lebanon

Folda Expands Operations in Lebanon:
Production work now done in Mkalles and 4 other locations will be moved to Zouk Mosbeh as of late 2013


Folda, Jan. 8, 2013 - Folda has announced earlier that it has decided to expand its new facility in its original location Zouk Mosbeh.The
state-of-the-art, 9,500m² production facility is expected to increase its capacity of production by 40%. The new factory will include the main operations of Folda as well as other activities related to Gaviota Simbac Middle East, once it is fully operational. The total investment for opening the new expansion has been reevaluated to reach about $ 7.5 million USD.  

New Plant 

 

 

"As part of a strategic decision, we are making a significant investment to help Folda maintain its position as leader in its field. We are even more excited that this project will help us take forward our specialized  workforce and keep up with our commitment to quality, efficiency and reliability" said Folda Chairman and  Chief Executive Officer Rafic Azrak. 

 

Folda plans to be fully operational on the new facility by the end of 2013.  Initial production at the facility is  expected to begin during the third quarter of 2013.

 

 




About Folda:

For more than 32 years, Folda has been making sustainable progress possible and driving positive change. Being a leader in its field, Folda is specialized in manufacturing and supplying aluminum based products related to the construction business. Certified ISO 9001 since 1998, Folda offers a wide range of aluminum products exported to Europe, Mena and Africa. 
Currently, Folda is operating in Lebanon and Qatar.

Following its joint venture with Gaviota Simbac SL, Folda produces and supplies mechanical components to Gaviota Simbac Middle East. The later manufactures and exports, worldwide, products related to the rolling shutters such as cranks, joints and gears.

 

For more information, please visit: www.folda.com.lb

  

 

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