24 October 2007
Alghanim Industries, one of the Gulf's largest privately owned companies, has opened its latest AED 100 million facility in the UAE's Ras Al Khaimah (RAK) emirate for its Kirby business unit.  This investment secures Kirby Building Systems position as one of the world's largest Pre-Engineered Building (PEB) manufacturers.

A 35,000 square metre Greenfield factory has been built in RAK to support the company's growth initiatives in the Middle East, Africa and Asia. It will produce high-quality PEB buildings for commercial, industrial, institutional, recreational and other specialty applications.

Speaking at the official inauguration of the new facility Omar Alghanim, the group's CEO said, "The RAK facility is another key addition to our growing portfolio of manufacturing plants serving the construction sector. Ras Al Khaimah's strong commercial infrastructure and excellent logistics connectivity with neighbouring emirates will enable us to better serve our customers in the UAE and regional markets."

The new facility will initially produce 50,000 metric tonnes of steel buildings, a figure that is set to double in the near future. Kirby's state-of-the-art facilities are spread throughout Kuwait, the UAE, and India representing a total production capacity of 400,000 metric tonnes.  In addition, Kirby is entering Vietnam to serve the growing markets of Southeast Asia and Australia.

"The new facility will be a major growth engine and allow us to cut down on delivery times and improve service for all of our customers in the UAE. We have an extensive international network covering 60 sales offices across six geographical regions, allowing us to maintain our wide international presence," commented Praveen Tandon, Group General Manager of Kirby.

-Ends-

About Kirby Building Systems
Kirby Building Systems is a part of Alghanim Industries, which is one of the largest privately-owned companies in the Middle East. Started in 1976, Kirby maintains a strong reputation for providing cost-effective solutions for steel buildings manufactured to the highest standards.

Today Kirby operates through 60 sales offices across six geographical regions, and has more than 250 Kirby certified builders across the globe.

For more information, please contact:
Praveen Tandon
Group General Manager
Kirby Building Systems
pktandon@alghanim.com

© Press Release 2007