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Flextech growing from strength to strength
|Date: 19 Nov 2009
||Author Type: Press Release
Flextech’s initial R1 million investment into the Nelson Mandela Bay Logistics Park was for a distribution facility to supply rear view mirrors to its Uitenhage neighbour, Volkswagen of South Africa. It will invest a further R2 million when the full manufacturing process and the assembly of the mirrors is relocated from Pretoria to Uitenhage. This relocation will occur within the next 12 to 18 months.
During the initial set-up phase the company will occupy a 1 000m2 facility which it currently leases from the Coega Development Corporation, and will double in size. Currently recruiting 12 staff members, this number is also expected to grow to 40 within the next 12 to 18 months.
“Flextech’s commitment is to improve the lives of people in the region where it sources opportunities through sustainable job creation, the transfer of skills, transfer of wealth and true empowerment,” says the company’s CEO, Hassiem Salie.
Flextech is a manufacturer of control cables, plastic injection moulding and rear view mirror assemblies, as original equipment for the local South African automotive industry and to global markets.
“Flextech has committed itself to fulfilling NAAMSA’s expectations for a globally integrated supplier of ‘Control System Assemblies’ and rear view mirror systems in order to satisfy its need to localize the major part of its usage for assemblies here in South Africa,” says Salie.
Flextech’s customer-base includes, as a 1st Tier Original Equipment Supplier - Ford Motor Company, Nissan, Toyota, Daimler Chrysler, General Motors and Volkswagen, and several other module assemblers as a 2nd Tier Supplier.
The company currently employs 128 weekly paid employees and 28 salaried staff and is fully BEE compliant.