THE US FIRM Glacier Garlock Bearings has begun construction on a new plant in the industrial zone of Sučany near the central Slovak town of Martin to the tune of Sk600 million (€15 million), the Hospodárske noviny daily wrote.
It will produce seals and components for roller bearings used in various industries.
The new factory should start operations this November. It should produce 1,200 tonnes of roller-bearing components a year and employ 250 to 300 people.
According to John Russell, the director of the plant, production is being moved from plants in Scotland and the Slovak town of Dolný Kubín.
Compiled by Marta Ďurianová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
15. Apr 2004 at 10:36