Printflow just dropped a ton of cash on some fancy new gear. The printing firm commissioned a set of six advanced machines, a move backed by Finance Minister Mthuli Ncube with an investment exceeding three million dollars. This equipment, including a Heidelberg CX104 and a Polar 137 Guillotine, aims to drastically boost production capacity and regional competitiveness.
Minister Ncube stated that the technology strengthens the company's market position and supports broader national economic goals. He confirmed the financial outlay from his ministry was part of a strategic push for industrial growth. The investment is also expected to generate employment in various downstream sectors that use printed materials.
Company board chair Joseph Dube called the acquisition a major milestone for modernization and efficiency. He expressed gratitude for the shareholder support, which allowed the retirement of old equipment. The new machinery includes digital printers and a separate rampart machine dedicated to label production.
Chief executive Fungai Kovhiwa acknowledged the ministry's contribution, emphasizing the expected return on investment. The firm recently hired a commercial director as part of its ambition to become a top packaging solution provider in Zimbabwe. The new machines are noted for being environmentally friendly, aligning with climate awareness.
Minister Ncube stated that the technology strengthens the company's market position and supports broader national economic goals. He confirmed the financial outlay from his ministry was part of a strategic push for industrial growth. The investment is also expected to generate employment in various downstream sectors that use printed materials.
Company board chair Joseph Dube called the acquisition a major milestone for modernization and efficiency. He expressed gratitude for the shareholder support, which allowed the retirement of old equipment. The new machinery includes digital printers and a separate rampart machine dedicated to label production.
Chief executive Fungai Kovhiwa acknowledged the ministry's contribution, emphasizing the expected return on investment. The firm recently hired a commercial director as part of its ambition to become a top packaging solution provider in Zimbabwe. The new machines are noted for being environmentally friendly, aligning with climate awareness.
