Equipment company to move manufacturing out of South Africa due to ‘volatility’

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 61%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Equipment manufacturer Bell says it is looking to move part of its manufacturing business out of South Africa over growing volatility concerns.

Founded in 1954, Bell is one of the country’s leading construction machinery and equipment suppliers.

However, it said that it is vital to its business that ‘customers around the world trust in its ability to support them regardless of local, regional or global events’. “Consequently, over time more aspects of ADT manufacturing will shift to the northern hemisphere. This will enable the group to better protect and grow our South African base and increasingly focus on manufacturing the group’s growing range of lower volume products.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'South Africa is ready and open for business': Ramaphosa addresses South Africa Day at Expo2020President Cyril Ramaphosa delivered the keynote address at the South Africa Day celebrations at the Expo 2020 in Dubai. Sorry we missed this... we are currently pre-occupied with OperationDudula nhlanhla_lux_ Not really... The cowntry is not safe yet... 💔💔💔💔 Mzansi is always up for sale...
Source: ewnupdates - 🏆 30. / 53 Read more »

INVESTMENT LANDSCAPE : Godongwana admits South Africa is a hard sellIn addressing the thorny issue of attracting investors to South Africa, Finance Minister Enoch Godongwana and Derek Hanekom deserve full marks for their honesty. ❤🙂💕 🙄 I wonder why it's a hard sell. Policies and political instabilities maybe
Source: dailymaverick - 🏆 3. / 84 Read more »