PORT SAID, Egypt - Egyptian officers have commissioned manufacturing at Pyramids Tires, a domestically owned firm that expects to rent as much as 5,000 employees over the approaching years.

The 807,000 sq.ft. manufacturing unit in Port Mentioned - the primary new manufacturing unit inbuilt Egypt in 25 years - opened earlier this 12 months with capability for mild truck, bike, agricultural and industrial tires. A ceremonial opening was held in mid-Might.

The principals have launched few particulars concerning the manufacturing unit or its backers, though one native information report recognized Japan's Sumitomo Corp. as being concerned. Sumitomo Rubber Industries Ltd. shouldn't be concerned, nonetheless.

A video posted on the brand new firm's Faceboook web page reveals a one-story manufacturing unit specified by a conventional tire plant workflow, with on-site rubber mixing, metal wire preparation, laboratory and tire-testing amenities, and so forth.

The brand new firm is selling itself as "Made by us. For us” to emphasize the native nature of the enterprise.

One other Fb posting signifies the corporate has begun exporting tires to different African nations, resembling Algeria, Morocco and Tunisia, in addition to Iraq. The posting expresses the corporate's want to export to Europe and the U.S., as effectively.

One other posting signifies the corporate intends so as to add capacities in a second building part for passenger, truck/bus and OTR tires.

Port Mentioned is a metropolis of about 600,000 in northeast Egypt on the Mediterranean Beach on the entrance to the Suez Canal.

The brand new firm is the third tire manufacturing unit in Egypt. The others are Alexandria Tyre Co. in Alexandria, a truck/bus tire plant owned and operated by Prometeon S.r.l., and TRENCO (Transport & Engineering Co.) in Alexandria's Smouha district. It produces passenger and truck/bus tires