21 January 2008

Oriental Weavers establishes new $90 million factory

Oriental Weavers (ORWE.CA) sent a release to CASE announcing the establishment of a new factory in 10th of Ramadan City on a land space of 190,000 square meters.
The new plant's investments are to hit $ 50 million on the first stage and $ 40 million on the second one. Production is expected to start within 12 months.