INNSCOR Africa (Innscor) says its investment programme has led to the establishment of new business units and products, enabling the expansion and modernising of existing manufacturing lines and product categories.
The Victoria Falls Stock Exchange-listed group said the investment will ultimately enhance the overall manufacturing efficiencies and capabilities of the group as critical mass is reached. Over the past two financial years, the diversified group has deployed almost US$125 million in expansion capital investment across its numerous business units.
“It is vital that our expansion programmes yield world-class quality products, and that our increasing manufacturing capacities across our business units translate into economies of scale, resulting in excellent pricing for our customers; we will continue to strive to make the lives of our customers better,” Innscor’s chairman, Addington Chinake, said in the group’s 2023 annual report.
Addington Chinake, the group’s chairman
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