GESTAMP—To build South African Tower Factory
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May 15, 2012

Spain's Gestamp Renewable Industries has announced plans to open a factory near Cape Town to manufacture steel towers in association with an unnamed local industrial partner.

The facility, which will be operational by the end of the year, will produce around 200 towers annually and employ over 250 people, Gestamp said.

"With these investments, Gestamp Renewable Industries reinforces its intentions to make South Africa a key market in its global strategy," said CEO Javier Imáz.