The city of Cherepovets authorities have approved the project on pipe and sections plant construction.
The new manufacture will appear on the territory of Cherepovets Industrial Park. The plant will occupy some 2.2 ha.
“The plant will produce thin-walled pipes of small and medium diameter, thick-walled large diameter pipes, as well as various parts and elements for reservoirs and vessels”, Cherepovets investment agency CEO Oksana Andreyeva said.
Investments will total 1.6 billion rubles. The plant is expected to reach its project capacity in Q4 2019.
117 jobs will be created. (Ukrainian metal)
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