Bulawayo Textile Company Invests US $5.2 Million

4 years agoTue, 13 Aug 2019 14:58:55 GMT
Share on FacebookShare on TwitterShare on LinkedIn
Bulawayo Textile Company Invests US $5.2 Million

Archer Clothing Manufacturers, a Bulawayo based textile company has invested US $5.2 million into its operations’ expansion and is set to employ some additional 1,000 people. The company says the money is going to go into electrical infrastructure so that they don’t have to rely on the national power utility company, ZESA.

Said Managing Director Jeremy Youmans:

So far, we have invested about US$5,2million. We are about to complete the upgrade of the electrical infrastructure and a 1 500kVA generator which will re-open the opportunity to employ another 1 000 people if the orders can be achieved to feed that. That will take Archer to 2 000 with Paramount at 1 500 employees.

Archer exports to Germany, South Africa, Zambia, and Mozambique.

More: NewsDay

Latest Samsung Galaxy A05s available on Pindula:
128GB storage, 6GB RAM

$148 USD

WhatsApp +263715068543



Leave a Comment

Generate a Whatsapp Message

Buy Phones on Credit.

More Deals