Loads Limited to establish Rs200m manufacturing facility in Lahore

Loads Limited plans to spend Rs200 million on a new manufacturing site in Lahore, according to Mettis Global. The facility is planned for company-owned property on Manga-Raiwind Road and is intended to expand its reach in the north and pursue business from original equipment manufacturers (OEMs) in that region. The company has presented the project as a way to improve production and supply-chain arrangements.

Production at the new site is expected to begin before the current financial year ends. Loads says it will build on its Karachi production setup, using machinery and quality processes common to both locations for existing and prospective OEM customers. The estimated project cost and expected start date were disclosed in a notification to the exchange, Mettis Global reported.