Metair secures contracts to support Ford's investment in South Africa

Metair has secured multiple contracts to support Ford Motor Company of Southern Africa's investment and production expansion programme. Metair will build a new manufacturing facility in Stanger, KwaZulu-Natal, and a logistics facility in Silverton, Gauteng. Total funding requirements are estimated at R1.3 billion, with capital investment over R900 million. Over 3,300 jobs are expected to be created.

“Total funding requirements are estimated at around R1.3 billion for Metair with the total capital investment in property, plant and equipment for Metair estimated at over R900 million.”engineeringnews.co.za

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• engineeringnews.co.zaMetair secures key contracts to support Ford’s investment into the South African automotive sectorShannon de RyhoveJun 5, 2020

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