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Mitchell Rubber Arabia signed a $50 million agreement with the Royal Commission for Jubail and Yanbu to establish an elastomer components manufacturing facility in Yanbu, Saudi Arabia. The facility is expected to be operational by Q1 2024 and will create over 250 jobs.
“U.S.-based Mitchell Rubber Arabia has signed a $50 million agreement with the Royal Commission for Jubail and Yanbu (RCJY) to allocate land for the establishment of an elastomer components manufacturing facility in Yanbu.”ussaudi.org
Summarized from public sources; check the original articles before acting on it.