Mombasa-Based Glass Company Closes Down

Date: 18 February 2003
Source: All Africa
Milly Glass Works Limited, one of the largest glass manufacturers in the country, has closed down.The company belongs to Mombasa-based business tycoon and former nominated MP Rashid Sajjad.

The firm has consequently sacked over 250 permanent employees who visited our Mombasa bureau to demand that the management addresses their fate.Sajjad also owns Milly Fruit Processing, Milly Maize Millers and several other business concerns in Mombasa.Milly Glass Works manufactures glasses of all types, soda bottles and plates.The workers were treated to a rude shock yesterday morning when they were informed that the company had closed down and that there was no more work for them."We were supposed to be given a three-month notice. An abrupt closure like this is questionable and we want the Government to intervene," they said.

Efforts to get comment from the company managers were unsuccessful. Sajjad also could not be reached on his cellphone.

The management, in a letter to the Labour office, said substantial losses made by the company and the increase in costs like fuel, oil and gas, led to the firm's closure.

600450 Mombasa-Based Glass Company Closes Down
Date: 18 February 2003
Source: All Africa

See more news about:

Others also read

Local quality glass producer Emirates Glass Limited has won contracts to supply 68,000 square metres of its high quality EmiCool glass to five major projects in Dubai.
Southwall Technologies Inc. (Nasdaq:SWTX), a global developer, manufacturer and marketer of thin-film coatings for the electronic display, automotive glass and architectural markets, today announced that on Dec. 18, 2003, it secured an agreement for a new bank loan guarantee and equity financing package of up to $7.5 million from Needham & Company, Inc., its affiliates and Dolphin Asset Management.
KUB Malaysia Bhd has accepted an offer from Nippon Sheet Glass Co Ltd (NSG) to acquire its 15% stake in Malaysian Sheet Glass Bhd (MSG) for RM32.6 million in cash, or RM2.68 per share.
Co-Ventures in Glass Containers (CVIGC, Ltd.) of Tampa, Florida, USA and Micro-Tek Canada, Inc. Of Toronto, Canada are excited to announce the beginning of a long term joint venture to combine their extensive experiences and resources to offer the Glass Container Industry globally a best value alternative for all their outsourcing needs in manufacturing, operations and technical assistance agreements, specifically targeted to the smaller manufacturers who have found the larger service companies to be cost and profit prohibitive.The principals of the two companies have found a global need for smaller glass companies who require excellent technical resources to properly compete within the industry without the high costs of employing their own staffs or outsourcing their requirements to the larger service companies whose own operating costs and overhead are substantial.
China's largest automobile glass maker Fuyao Glass Industry Group Co, Ltd, won its case against the dumping ruling of the US Department of Commerce (DOC).
When did the wine industry start using glass bottles, and how did they settle on their current size of 750ml? For the answer to these questions, you have to go back in time - back thousands of years to when wine was first cultivated and enjoyed.

Add new comment