New M25 million firm to manufacture blankets

New M25 million firm to manufacture blankets

MASERU – THE Minister of Small Businesses Chalane Phori says his ministry will soon open a M25 million company that will manufacture duvets and blankets.
The new venture will create 400 jobs for locals. Phori made the revelations during an inspection of the duvet machine in the Maseru West industrial area on Tuesday.
He said the machines will use remnants in the factories to manufacture duvets and blankets.
‘‘The factory pieces which are regarded as waste will be used for manufacturing,’’ Phori said.

And the moving blankets already have a market in America through the support of African Growth and Opportunity Act (AGOA).
For this to be a success, they have partnered with an investor who helped them with the construction of the buildings.
Phori said they have agreed with the investor that Basotho will have an opportunity to own some shares.

But the managerial positions will be given to the investor while the subordinate manager will be a Mosotho.
Phori said there are two Basotho who will be trained to operate the machine.
So far M25 million has been invested in this project.

It is expected that the machine will produce 420 blankets in a day.
A technician in the factory, Tlholeho Mahamo, said the machine is adjusted to produce 60 blankets per hour.
He said they can also adjust the machine so that it can produce 80 blankets per hour.
Mahamo said during the construction of the firm, about 40 jobs were created.

He said this is also going to give an opportunity to people who have the capacity to collect waste to sell to the firm.
This machine, which is worth M7.4 million, was introduced into the country last year with the aim of improving industrialisation in the country.
Phori said Lesotho’s textile industry was exporting waste material which could no longer be used to manufacture clothing to China.

Now China has stopped accepting the waste material since they do not have enough storage to keep it.
Phori said they thought on what they could do with the waste materials without polluting the environment.
Hence the machine manufacturing duvets and moving blankets from waste material was bought.
He said this occurred after the ministry went on an educational trip to China with other departments including Basotho Enterprises Development Corporation (BEDCO).

Refiloe Mpobole

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