Metair manufacturing and logistics facilities, South Africa
Name of the Project
Metair manufacturing and logistics facilities.
Location
The projects will be located in South Africa’s KwaZulu-Natal and Gauteng provinces.
Project Owner/s
International manufacturer, distributor and retailer of energy storage solutions and automotive components Metair.
Project Description
Metair has secured multiple contracts to support Ford Motor Company of Southern Africa (FMCSA) ahead of new-vehicle launches aimed at the local and export markets.
The projects form part of a fresh investment and production expansion programme at FMCSA to meet the demands of the company’s growing export-driven business in South Africa.
Metair’s projects include the construction of a new manufacturing facility in Stanger, KwaZulu-Natal, and a logistics facility at FMCSA’s manufacturing plant in Silverton, Gauteng.
Potential Job Creation
The project is expected to create an estimated 3 300 jobs, with the largest portion in northern KwaZulu-Natal.
Capital Expenditure
Total funding requirements are estimated at R1.3-billion, with the total capital investment in property, plant and equipment estimated at more than R900-million.
Planned Start/End Date
Not stated.
Latest Developments
The investment was announced in June 2020.
Key Contracts and Suppliers
None stated.
Contact Details for Project Information
Instinctif partners, on behalf of Metair, tel +27 11447 3030.
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