February 23, 2022 (MLN): Mehmood Textile Mills (PSX: MEHT) has expanded the spinning division (Unit-2) with the capitalization of 10,944 spindles machinery. It has also commenced operations at the apparel unit with a production capacity of 10,000 units per day, the company filing on PSX showed on Wednesday.
The spinning unit-2 has been sourced from 'REITER' Switzerland having real-time efficiency and load data that will improve the product quality and increase our productivity. The advanced technology machinery is power efficient and aims to increase efficiency resulting in the addition of $8M to the topline.
This addition will help us achieve EOS along with the creation of employment generation for an additional 250 employees.
While the apparel unit will add approximately $30M to the topline. It will be Platinum Leed Certified facility operating to increase overall output and use leading technologically advanced equipment.
All operational and business strategies are aligned with industry 4.0 guidelines.
In the same facility, the company has installed ETP Plant and Ro Setup with a target of zero discharge, jacket water heat recovery system, and waste heat recovery boilers.
In addition, the company has expanded the installation of solar panels up to 2 Megawatts propelling the vision of building a sustainable business practice.
Copyright Mettis Link News
31024
