Lebanon Businessnews News

Stove factory to open in Rashaya
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To produce 1,500 stoves per day to meet local and global demand

Jamal Eddin Abou Ibrahim Est. for Trading and Manufacturing, a manufacturer of stoves, fences, and wheelbarrows, will open a factory in Rashaya Al Wadi in the fall of 2016.

The facility is an addition to a previous one, owned by the company. It will increase production capacity by 200 percent to reach 1,500 stoves per day. Raydan Mahmoud, Managing Director, said the company aims to have a large stock to meet the increasing demand for these products.

The company, which was established in 1944, produces a wide range of stoves that burn wood, gas, and fuel oil. It also produces flexible pipes, wheelbarrows, and chain link fences. Mahmoud said that stoves with new techniques will be launched similar to the well-known nontraditional stoves such as ‘Olmar’. The factory will include an industrial design department, which will allow for product specification.

The $3 million project will have a built-up area of 5,000 square meters. Construction works will start once the company obtains the license from the Ministry of Industry. The factory will be equipped with automated machines and will be ISO 9001 certified.

Jamal Eddin Abou Ibrahim Est. for Trading and Manufacturing employs 120 fulltime staff members. The company participated in several tenders to fulfill the Syrian refugee needs. In 2012 the factory produced 20,000 stoves for the Syrians in Lebanon.

Around 20 percent of the company’s products are exported to Jordan, Syria, and the United States. Mahmoud said that the company aims to penetrate new markets.
Reported by Rania Ghanem
Date Posted: Sep 22, 2015
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