SIA Bac Metal purchase of technological equipment for the metal product manufacturing development

SIA Bac Metal purchase of technological equipment for the metal product manufacturing development

SIA Bac Metal is manufacturer of metal, which provides high-quality full complex metalworking services and produce high-quality metal products.

As the production capacity was already maximized, company can’t increase the capacity, which leads to the abandonment of larger orders from existing customers and the absence of new orders from new potential customers. Company decided to invest in purchase of technological equipment.

 

Company SIA BAC METAL
Area of business Manufacturer of metal, which provides high-quality full complex metalworking services and produce high-quality metal products.
Name of the project Purchase of technological equipment for the metal product manufacturing development
Project Nr. 18-06-A00641-000145
Realization date October 18, 2018 – October 18, 2019
Support program Support for investments in creation and development of non-agricultural activities
Cooperation institution Rural Support Service
Aim of the project Aim of the project is to increase efficiency and competitiveness of company.
Description of the project In the scope of the project it is planned to purchase technological equipment such as metal laser cutting equipment, welding robot, high pressure and production compressors, abrasive cleaning cab and welding machines, which will allow to maximize capacity of production and significantly increase output turnover, as well as increase company’s overall market share in Latvia.
Total costs 706 428.73 EUR
Planned co-financing of EU funds 280 000.00 EUR