PG Bison announces R2 billion capital investment in South Africa

PG Bison announced a R2 billion capital investment over three years, including a major capacity expansion at its eMkhondo facility and a new MDF plant. The investment includes R560 million for a new dryer for the particleboard plant, and a new MDF plant to start in 2022 with first board expected mid-2023.

“PG Bison is committed to the future of South Africa and we believe that these investments will support President Cyril Ramaphosa’s vision of growing domestic manufacturing as part of the economic recovery plan.”pgbison.co.za

• 2 sources
• pgbison.co.zaPG Bison announces R2 billion in capital investments - PG BisonNov 19, 2020
• lesprom.comPG Bison announces R2 billion ($131.5 million) in capital investmentsLesprom NetworkDec 1, 2020

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