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Sat 29 Oct 2016 10:15 AM

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Germany's Armacell says to build new factory in Bahrain

Insulation provider will create more than 100 jobs at manufacturing facility at the Bahrain International Investment Park

Germany's Armacell says to build new factory in Bahrain

German insulation provider Armacell has announced plans to build a new manufacturing facility in Bahrain, which will create about 100 jobs within the first three years of operations.

The factory, which will be located at the Bahrain International Investment Park, will produce elastomeric rubber insulation for the heating, ventilation and air conditioning market in the GCC and Africa.

A statement said that the Bahrain Economic Development Board (EDB) assisted Armacell throughout their setup and registration process in Bahrain.

Khalid Al Rumaihi, chief executive of the EDB said: “We are proud to see Armacell´s progress in establishing its new manufacturing facility in Bahrain. Specialist manufacturers like Armacell have an important role to play in enabling the growth and diversification of the region’s economy, as well as directly creating jobs. We are delighted to welcome them here and look forward to their continued development and success.”

Neville D’Souza, general manager, Armacell Middle East Company (AMEC) added: “We are excited to begin our operations and to take advantage of the opportunities within the Gulf market. The EDB has been supporting us from the start in our endeavour.”

Armacell has about 2,800 employees and 23 production plants globally.

Bahrain’s manufacturing sector accounts for more than 14.6 percent of real GDP, having grown by 20 percent over the past 5 years.

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