@BusinessDaily

China firm to build Sh1bn computer consumables plant in Athi

6 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.
Read More


Category: business news corporate economy opinion markets lifestyle

Suggested

8 hours ago, 04:00
@CITIZENTV - By: Citizen Reporter
20 trucks move crude oil to Mombasa

20 trucks move crude oil to Mombasa ...

Category: topnews news business
1 hours ago, 11:28
@AfricaNews - By: Africanews
World Bank approves $455 million loan for Tanzania power projects | Africanews

The government of Tanzania said it plans to raise 2 trillion Tanzanian shillings ($880 million) in its budget for fiscal year 2018/19 (July-June) from concessional loans and grants to finance developm ...

Category: africa africa_business business news
1 hours ago, 11:05
@StandardMedia - By: Kelvin Kamau
Why I quit military to run posho mill

Nelson Chege, owner of Hekima Posho mill in Kimabu County, says he nearly died during his days as a jet fighter for the military. ...

Category: business news
42 minutes
@BusinessDaily - By: Lucy Mkanyika
Munyes cautions mining firms on community benefits

CS says mining firms must ensure that locals gain from the proceeds of mining ...

Category: business corporate news
2 hours ago, 10:11
@BusinessDaily - By: Galgallo Fayo
Top law firms caught up in Sh450m CBA loans fraud

Senior State Counsel, land valuers among advocates implicated in ring ...

Category: business markets news
26 minutes
@BusinessDaily - By: Elvis Ondieki
Why FlySax plane changed route

Probe reveals condition of the aircraft before fatal crash. ...

Category: business news

@BusinessDaily

China firm to build Sh1bn computer consumables plant in Athi

6 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.
Read More

Category: business news corporate economy opinion markets lifestyle

Suggested

8 hours ago, 04:00
@CITIZENTV - By: Citizen Reporter
20 trucks move crude oil to Mombasa

20 trucks move crude oil to Mombasa ...

Category: topnews news business
1 hours ago, 11:28
@AfricaNews - By: Africanews
World Bank approves $455 million loan for Tanzania power projects | Africanews

The government of Tanzania said it plans to raise 2 trillion Tanzanian shillings ($880 million) in its budget for fiscal year 2018/19 (July-June) from concessional loans and grants to finance developm ...

Category: africa africa_business business news
1 hours ago, 11:05
@StandardMedia - By: Kelvin Kamau
Why I quit military to run posho mill

Nelson Chege, owner of Hekima Posho mill in Kimabu County, says he nearly died during his days as a jet fighter for the military. ...

Category: business news
42 minutes
@BusinessDaily - By: Lucy Mkanyika
Munyes cautions mining firms on community benefits

CS says mining firms must ensure that locals gain from the proceeds of mining ...

Category: business corporate news
2 hours ago, 10:11
@BusinessDaily - By: Galgallo Fayo
Top law firms caught up in Sh450m CBA loans fraud

Senior State Counsel, land valuers among advocates implicated in ring ...

Category: business markets news
26 minutes
@BusinessDaily - By: Elvis Ondieki
Why FlySax plane changed route

Probe reveals condition of the aircraft before fatal crash. ...

Category: business news
Our App