Dh50m factory project on track: Danube
Danube Building Materials said yesterday that its Dh50 million factory project in TechnoPark, which is designed to support the company's expansion plan in the coming years, is moving ahead full steam.
Upon its completion, the 1.3 million square foot industrial complex will comprise seven manufacturing facilities and a massive custom designed warehouse to store a wide range of structural steel and wood products.
The new facility will be functional by early 2011.
The seven specialised manufacturing facilities within the new factory complex include a melamine MDF pressing plant; impregnation and décor plyline facility; gypsum tile cutting plant; gypsum ceiling tile manufacturing plant; gypsum board stud and track plant; glass tempering and polishing plant; and an aluminium profile manufacturing plant.
Danube Group posted annual revenue of Dh1.1 billion in 2009.
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