# Auto Industrial Group invests over R50 million in foundry equipment in South Africa

Auto Industrial Group has spent over R50 million in the last two to three years on new equipment and systems for its two cast iron foundry operations in Isando and Wadeville, Gauteng. The company is also planning a third automatic moulding line by 2019.

- Type: Investment
- Announced: 2017-04-10
- Where: Isando and Wadeville, Gauteng, South Africa
- Value: $3.70M (50.0M ZAR)
- Status: completed
- Products: safety critical components for automotive OEMs
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Auto Industrial Group](https://endata.com/companies/23492.md)

## Sources

- [foundry-planet.com](https://www.foundry-planet.com/de/d/auto-industrial-group-transforms-its-high-volume-mould-shotblasting-and-sand-handling-systems/), 2017-04-10: "These investments in plant and equipment were made with assistance from the DTI’s Automotive Production and Development Programme (APDP), more specifically the Automotive Incentive Scheme (AIS)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.