He emphasized the need for a local approach: "The Kariega plant expansion shows that OEMs have realized that by manufacturing components locally, they can reduce the cost of the offshore supply chain, leading to local job creation. Ebrahim Patel, also welcomed the plant expansion.
(TSX: AFN) ('AGI', the 'Company', 'we' or 'our') today announced its financial results for the three-months ended June 30, 2023. WINNIPEG, Manitoba, August 10, 2023-Ag Growth International Inc.
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The South African Minister of Trade, Industry and Competition, Mr. AGI Announces Second Quarter 2023 Results Record Quarterly Adjusted EBITDA and Increased Full Year Guidance. Underlining our commitment to the region." At the same time, we are supporting the local economy through this investment, Plant Manager Cleber Rossini explains how the expansion supports our "local to local" approach: "With the plant expansion, we are strengthening our presence with our localĬustomers and making a significant contribution to the sustainable growth of our company. That is why we continue to strengthen our presence in the relevant growth markets. Investments like this are part of a promise to our customers: Wherever they are, we are there for them, strategicallyĪnd geographically. This was made possible thanks to a special investment. Together with customers, local authorities and colleagues, we recently celebrated the commissioning of an approximately 9,000 m2 extension and a new hot forming line. Our BENTELER plant in Kariega, South Africa, in the Nelson Mandela Bay region is growing.
We would like to thank the SAE Brazil committee for the excellent organization of the event, the OEMs for the car bodies presented, all the speakers and especially our BENTELER team for putting on an exceptional event! We were able to reinforce our expertise in tube forming and welding."įor the first time this year, the SAE Brazil CarBody Award was presented, recognizing the best "car body" presented during the event. She stated after the presentation, "There is a lot of interest from our customers and other stakeholders. Jessica Santana entitled "Battery Storage Systems Solutions". The Battery Tray was a particular eye-catcher, but other products and technologies were also presented.Īnother highlight was the presentation by our engineer Dr. It was also a good opportunity to show our portfolio in the field of e-mobility. The focus was on our mission to make the mobility of the future lighter, more sustainable and safer. The SAE Brazil CarBody is considered the most important forum for technical discussions on design details or special features in production.īENTELER was represented there with its own booth where our experts could exchange ideas with interested parties.
At this year's SAE Brazil CarBody Symposium, the most important car body builders met at the end of August to present and evaluate projects from car manufacturers.
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