Independent journal on economy and transport policy
16:01 GMT+2
Chinese competition forces out local container manufacturer
(Cargo Info Africa - Freight & Trading Weekly)
November 9, 1999
TRENCOR HAS decided to close its dry-freight marine container factory at Isithebe in KwazuluNatal, quoting high labour costs and aggressive pricing of Chinese manufacturers as the reason. The factory employs 1400, but according to Trencor's executive chairman Neil Jowell, the closure is unlikely to have a negative effect on the company's main focus, that ...... Read more on Cargo Info Africa - Freight & Trading Weekly
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