http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.01Change: -0.01
R/$ = 10.68Change: -0.05
Au 1287.40 $/ozChange: -0.10
Pt 1424.00 $/ozChange: -2.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jun 22, 2012

Developments in Coega IDZ create opportunities for SA company

Back
Engineering|Components|First Automobile Works|Industrial|Lear Corporation|Projects|Springwell|Systems|Automotive|Manufacturing|Product|Products|Systems|Eastern Cape|Andrew Ogden|Dave Ogden|Ground|Eastern Cape
Engineering|Components|Industrial|Projects|Systems|Automotive|Products|Systems||||
engineering|components|first-automobile-works|industrial|lear-corporation|projects|springwell|systems-company|automotive|manufacturing|product|products|systems|eastern-cape|andrew-ogden|dave-ogden|ground-product|eastern-cape-province-or-state
More Insight
© Reuse this



Current developments in the Coega industrial development zone (IDZ) in the Eastern Cape will create oppor- tunities for coil and leafspring manufacturer Springwell to supply its products to large multinational clients, technical director Andrew Ogden tells Engineering News.

Fortune 500 company First Automobile Works (FAW) is building a new truck assembly plant in the Coega IDZ, and Springwell hopes to be able to supply the plant with components, he says.

Engineering News in February reported that FAW had broken ground on the plant, with production scheduled to start at the end of 2013. The plant will produce 5 000 medium and heavy commercial vehicles a year.

The trucks are destined for the local market, as well as for export to a number of African countries. FAW sells roughly 20 000 units a year to the African market.

There are also currently a number of large export contracts by vehicle manufacturers under way; however, the size of these projects increases competition between components suppliers, as manufacturers are sourcing components globally.

“Although this is good for the economy, it makes securing contacts more difficult, as our prices need to be globally competitive,” MD Dave Ogden explains.

To maintain its competitive edge and successful business, Springwell has to continuously diversify, he says.

This has seen the business’s product range grow and investments have been made in new technology, machinery and quality systems.

“Springwell constantly develops new products made according to customer specifications,” says Andrew Ogden.

The company has been supplying products to automotive seat manufacturer Lear Corporation for over 20 years. It will also supply Lear with components for a new car model, on which manufacturing will start within the next few months, he says.

The products for this contact will be similar to products previously supplied to Lear. “We will provide them with numerous components, including springs, clips and wire fasteners, which are used to hold the cloth to the vehicles’ seats,” explains Andrew Ogden.

Edited by: Chanel de Bruyn
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Automotive News
Updated 7 hours ago Statistics released by the Department of Trade and Industry on Monday, showed that August new vehicle sales declined by 1.4%, to 55 722 units, compared with the same month last year. Assisted by the car rental market, the South African new passenger car market, at 37...
The M4 SUV
Great Wall Motors South Africa (GWM SA) has dropped the price on many of its vehicles by between R5 000 and R30 000. COO Warren Olson says this move is not linked to declining sales at the Chinese importer, but rather Super Group taking a controlling interest in the...
Toyota South Africa Motors (TSAM) will see its exports into Africa drop by around 20% this year over last year, owing largely to policy changes in Algeria and Nigeria. TSAM president and CEO Dr Johan van Zyl says the Algerian government has shifted its support for...
More
 
 
Latest News
Updated 6 hours ago Government, in conjunction with industry clusters had to encourage preferential procurement in the mining industry, Department of Trade and Industry (DTI) capital equipment and allied services director Tapiwa Samanga has said. In a statement issued on Monday, he...
Neil Gopal
Updated 6 hours ago The South African Property Owners’ Association (Sapoa) has appealed to Rural Development and Land Affairs Minister Gugile Nkwinti to invoke the discretionary powers available to him under the Spatial Planning and Land Use Management Act of 2013 to prevent...
Updated 6 hours ago The Financial Services Board (FSB) has extended telecommunications group MTN’s broad-based black economic-empowerment trading platform MTN Zakhele’s exemption to the directive requiring over-the-counter (OTC) trading platforms to apply for a licence to operate,...
More
 
 
Recent Research Reports
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
 
 
 
 
 
This Week's Magazine
South African State-owned defence industrial group Denel has announced its fourth consecutive year of profits. The group's results for the financial year 2013/2014 were recently announced at its head office in Centurion, south of Pretoria. Revenues grew by 17%, net...
There is little opportunity for JSE-listed infrastructure company Group Five to grow shareholder value in the domestic market, says CEO Mike Upton. He says value can still be found in the private sector, in the renewable and industrial power sector, as well as in...
The National Association of Automobile Manufacturers of South Africa (Naamsa) has announced the event dates of the 2015 Johannesburg International Motor Show (JIMS). The event will take place from October 14 to October 25, 2015, at the Johannesburg Expo Centre, Nasrec.
UK engineering support services provider Babcock is set to deliver the largest order of global truck manufacturer DAF’s truck tractors in Southern Africa to bulk carrier road-based logistics company Ngululu Bulk Carriers (NBC), with 133 trucks to be delivered in...
Digital radio communications in the African local government space can open up the world, but have many challenges to overcome, notes integration and migration of legacy radio communications infrastructure with digital mobile radio company Emcom Wireless head of...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks