Metair approves investments as new vehicles to start in SA

The electric vehicles produced as in-house projects by the Metair Group. Picture: SUPPLIED

The group has secured key contracts over the next two to three years — notably contracts with Ford, which has invested heavily in SA in recent years. The board’s approval of the R900m capital investment, including major investments in greenfield facilities, will create about 3,300 jobs, the group said.

In addition to Metair’s Hesto Harnesses, which will be the largest beneficiary supplying a wide range of wire harnesses, a number of other subsidiaries will support Ford, including Unitrade, Automould and Lumotech, supplying a variety of wires, plastic and chrome-plated parts, as well as headlights and tail lights.

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