Kirvosky to invest in New Foundry
Kirovsky Plant will invest approx USD $ 64 millions into a new foundry unit likely to come up in industrial site in Gorelovo, Leningrad Oblast, according to the statement issued by the company recently.
The new foundry unit is likely to go into operation by end of 2009. The annual production capacity will be approx 25,000 tons per annum. The new foundry will produce ferrous castings for the automomobile industry.
« Back
|