Industrial refrigeration specialist company Al Furat has announced to set up a unit to build a wide range of vehicle bodies
The new unit, being developed as part of the business diversification of the company, is expected to help build trailers, semi-trailers, curtain side semi-trailers, low bed trailers, municipal utility equipment and tipping bodies.
The new unit is being built with an initial investment of US$5.45mn.
The Umm al-Quwain-headquartered Al Furat Refrigeration and Thermal Insulation Industry was established in 1988 to cater to the growing demands of industrial refrigeration services in the UAE. With more than 35 per cent of the market share in its segment, Al Furat is one of the leading service providers in the entire region.
“Our success stories are fundamentally connected to our qualified team, and willingness to accept new challenges in the form of diversification as well as taking the road less travelled. One of our main objectives is to make growing contributions to the economy of the nation,” said K C Varughese from Al Furat Refrigeration and Thermal Insulation Industry.
Teeja Pribu John, group administrator of Al Furat, said that the company aims to provide the necessary services to the people of the region in the forefront of the Expo 2020.