(MENAFN- Daily News Egypt) Oriental Weavers Group, one of the world's largest machine-made carpet, rug and related raw materials producers, has announced bold investments for 2015. Its products and staff have delivered consistent and sustainable performance for both existing customers and a growing roster of new ones. Oriental Weavers was able to deploy and expand its production and efficiency through launching a new automated warehouse and three new production lines.
Confirming its confidence in Egypt's investment climate and within its continuous support to the economy, the group announced pumping EGP 90 million as new investments in its 10th of Ramadan-based factory in the coming four years.
Oriental Weavers prides itself with its one of a kind 13,500m² fully-automated warehouse. With total investments of almost EGP 86m, the group confirms its leadership in the local and global carpet markets. The warehouse is designed according to the highest international standards to be fully automated with total capacity reaching 3,500 carpets which is equivalent to 40,000 metres of carpets daily.
The warehouse requires only one engineer and three workers. It is divided into: a sorting area on 4,000 m², shipment area of 2000 m², and a warehouse racking system on 7,500 m². All these operations are performed automatically for different kinds of carpets to be placed in boxes to be shipped to the markets, Salah Abdel Aziz, Chairman of Oriental Weavers explained. He added that the decision for the warehouse came out of the group's conviction and commitment to maintaining excellence and to remain in line with the international development of shipment and distribution.
"Today we announce its official inauguration after reaching the maximum production capacity," he added.
To cover the increasing demands and needs of both local and international markets, three new production lines are to be added during 2015 in the Oriental Weavers International factory.
The factory covers most of the group's production of carpets, woven rugs, Axminister carpets especially manufactured for the prominent hotels all over the world, along with tapestries, mechanic goblan carpets that look similar to the hand-made ones with the same high quality and minute fibres in less time.
Abdel Aziz added that Oriental Weavers has a strong production force that includes 10 factories in Egypt, China and the US, with almost 20,000 workers.
He also said that the Oriental Weavers Group fully trusts the Egyptian economy's ability to recover in the shortest time so they did not hesitate for a second to implement the expansion plans in the last few years to keep their leadership of the global carpet market.
Oriental Weavers Group is fully committed to the Egyptian market and keen to pump new investments. These, in virtue, not only meets the needs of the local and international markets but also provides new job opportunities for youth, helps developing the Egyptian economy and increases the growth rates, he commented.
The past years saw many extreme events and challenges, which Oriental Weavers not only endured, but prospered through.
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