Sandvik Khomanani efforts hailed by South African President Cyril Ramaphosa at the company’s new site launch.
According to Sandvik Khomanani, the multinational mining and mineral processing equipment manufacturer, South African President Cyril Ramaphosa attended the launch of the new manufacturing site in Kempton Park, Johannesburg on 9 September.
Sandvik Khomanani: Regional HQ
The Swedish mining and mineral processing equipment manufacturer has been operating in the South African market for more than 70 years. Its regional head office in Kempton Park manages operations in Zimbabwe, Namibia, Botswana, Mozambique, Angola and Madagascar. This positions Sandvik to take advantage of the opportunities presented by the African Continental Free Trade Area (ACFTA).
The 62,000 m2 site is one of Sandvik’s biggest and most advanced facilities globally. It has the capability to produce underground loaders with over 60% local content, allowing them to be designated as ‘Proudly South African’.
At the third South Africa Investment Conference in November 2020, Sandvik made a commitment to invest R350 (USD 20.42) million to expand its remanufacturing and warehouse facility in Kempton Park. It renewed its commitment as an investment partner at the fourth South Africa Investment Conference in Sandton earlier this year.
“Biggest and most advanced facility”
“We have heard that the Khomanani manufacturing site is one of Sandvik’s biggest and most advanced facilities globally, consolidating operations from five separate sites and accommodating 550 employees. This will allow Sandvik to shift certain manufacturing duties from elsewhere in the world to this facility,” said President Ramaphosa.
“This investment therefore extends beyond the financial. It is an investment in skills, technologies and capabilities. It is an investment in people and productivity. The investment by Sandvik in local manufacturing capacity is an important vote of confidence in South Africa and its mining sector.
“With industrialisation and manufacturing being essential pillars of South Africa’s Economic Reconstruction and Recovery Plan, it is gratifying to see this commitment turned into reality here in Gauteng,” said President Ramaphosa.
According to recent figures, the South African mining industry is worth USD 59.3 billion in production value.