Nepcon Announces The Expansion of Its Sderot Factory Locations

Nepcon Headquarters, Yavne, Israel (August 11 2005) – Nepcon is expanding its Sderot factory locations.

By the end of the year, two new factories will be built. Therefore expanding the total locations in Sderot to the equivalence of 7,500 sqm. Nepcon's subsidiary CMA will be utilizing one factory (allotted 2,000 sqm.), and the other will serve as an additional painting location for Chassis's and Constructions.

The project's cost is estimated at 1 million NIS.

Nepcon's existing Sderot factories (currently 4,500 sqm.) include a metal sheet fabrication factory and a chassis fabrication factory, which have both been active for many years.

 

Moreover, the group intends on increasing its work force in Sderot to 120 in 2006, as opposed to a work force of 80 employed today.