With an impressive clientele list of original equipment manufacturers (OEM), closing a deal to buy Forcecore Industrial Services was a no-brainer for Africa Auto Group (AAG), which has set its sights on being a leading coating supplier for component manufacturers.
South Africa will host its fifth South Africa Investment Conference (SAIC) on 13 April in Johannesburg. A few days later, in Cape Town, the AfCFTA Secretariat will be holding its Business Forum, presenting investors with an exciting range of opportunies.
With an investment of R550m, the Africa Auto Group is ready to enter the injection moulding industry in a move that will further boost Nelson Mandela Bay as a big player in the automotive industry. The company, based in Perseverance, is set to be a tier 2 supplier for original equipment manufacturers (OEM).
SA Investment Conference nets government a further R332bn in pledges iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.