EABL to invest Sh. 570M in Glass Co.

Date: 29 August 2005
Source: Kbc.co.ke
East African Breweries has invested 570-million shillings in the refurbishment and expansion of its subsidiary company Central Glass industries.

The investment is geared at increasing the annual production of the bottling Company from 100-million bottles to 130-million.

Central Glass Industries Managing Director James Karegi said the expansion will enable the company to meet the growing demand of its products.

The exercise, which will include the installation of a Glass forming equipment, is expected to take two and a half months to complete.

The company’s Operations manager Shadrack Karemu said the refurbishment will cut down energy costs and improve utilization by 20%.

Central Glass currently exports 50% of its products to Countries in East Africa, the Great Lakes Region and the Indian Ocean Islands.

The company is also enjoying good business in Cote D’Ivoire and Angola.

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