@BusinessDaily

China firm to build Sh1bn computer consumables plant in Athi

10 months ago, 3 Jan 18:07

By: Bonface Otieno

Chinese computer consumables firm, Longtron & Arecoler, plans to build a Sh1 billion factory in Athi River as it expands operations outside Asia. The factory, expected to start operations in June, will manufacture printing consumables and electronics such as toner and ink cartridges as well as power banks. The company is putting up the plant through its local subsidiary Arecolor (Kenya) Company Limited. General Manager Ken Huanwen Xu said the factory will produce products for sale not only in Kenya but across its other markets in the world such as Europe and the US. “We have identified an ideal site in the Special Economic Zones in Athi River that has all the necessary infrastructure to support world class manufacturing. We expect full operations to start in June,” Mr Xu said. The factory, which will sit on 40 acres of land off Mombasa Road, will provide employment to about 1,500 locals. It will initially produce over 3.6 million toner cartridges, six million ink cartridges and two million power banks annually. The firm will help Kenya achieve the goal of expanding its manufacturing base which contributes about 10 per cent of the gross domestic product. The plant will also help to promote the Chinese government’s One Road One Belt initiative. “Kenya is a suitable location because it has lower production costs compared to China as well as a large pool of skilled manpower,” he said. The company has two factories in China and so the Kenyan facility will be the first overseas plant. Their products also include parts of toner cartridges which are compatible with full range printers such as HP, Canon, Samsung, Xerox, Epson, Panasonic, Ricoh and Brother. They supply markets such as North and Latin America, Europe, South East Asia and the Middle East. The firms boasts of high quality products, competitive pricing and prompt delivery.
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Category: business news corporate economy opinion markets lifestyle

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@BusinessDaily

China firm to build Sh1bn computer consumables plant in Athi

10 months ago, 3 Jan 18:07

By: Bonface Otieno
Chinese computer consumables firm, Longtron & Arecoler, plans to build a Sh1 billion factory in Athi River as it expands operations outside Asia. The factory, expected to start operations in June, will manufacture printing consumables and electronics such as toner and ink cartridges as well as power banks. The company is putting up the plant through its local subsidiary Arecolor (Kenya) Company Limited. General Manager Ken Huanwen Xu said the factory will produce products for sale not only in Kenya but across its other markets in the world such as Europe and the US. “We have identified an ideal site in the Special Economic Zones in Athi River that has all the necessary infrastructure to support world class manufacturing. We expect full operations to start in June,” Mr Xu said. The factory, which will sit on 40 acres of land off Mombasa Road, will provide employment to about 1,500 locals. It will initially produce over 3.6 million toner cartridges, six million ink cartridges and two million power banks annually. The firm will help Kenya achieve the goal of expanding its manufacturing base which contributes about 10 per cent of the gross domestic product. The plant will also help to promote the Chinese government’s One Road One Belt initiative. “Kenya is a suitable location because it has lower production costs compared to China as well as a large pool of skilled manpower,” he said. The company has two factories in China and so the Kenyan facility will be the first overseas plant. Their products also include parts of toner cartridges which are compatible with full range printers such as HP, Canon, Samsung, Xerox, Epson, Panasonic, Ricoh and Brother. They supply markets such as North and Latin America, Europe, South East Asia and the Middle East. The firms boasts of high quality products, competitive pricing and prompt delivery.
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