Gestamp unit opens wind tower factory in S Africa

Nov 3, 2014 - GRI Renewable Industries, part of Spanish engineering company Corporacion Gestamp, has announced the opening of a wind tower factory worth EUR 20 million (USD 25m) in Atlantis, South Africa.

The plant was built to supply 150 wind towers a year to the South African market, contributing to the rapid development of renewable energy in the country, the company said Friday.

The project consolidates GRI's position on the local market, CEO Javier Imaz noted.

GRI Renewable Industries has operated since 2008 as the industrial wind division of Corporation Gestamp. With 10 factories worldwide, the company manufactures wind towers and offers equipment and towers logistics.

(EUR 1 = USD 1.248)

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