Aslak board approves move to single location

11/02/2013 Argaam

The United Wire Factories Company (ASLAK) board approved (on February 11, 2013) the management’s recommendation of moving most of the company’s plants to a single location in order to cut production cost and increase efficiency with aim to fulfill future demand.

The board authorized the management to look for proper location and start purchase negotiations.

Developments will be announced in due course

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