Tomorrow’s virtual sod-turning ceremony will mark the first step towards the construction of the Toronto Group’s first-of-a kind charcoal manufacturing plant that will use alien invasive species.
The Cape Town-based company – which is a beneficiary of the department of trade, industry and competition’s Black Industrialists Scheme (BIS) - specialises in the manufacture of high-quality lump wood charcoal with its primary production facility located in the Swartland Municipality.
Dtic deputy minister, Fikile Majola, who officiated at the event, said that the BIS had approved funding of R50 million for the company for business development, purchase and installation of modern capital equipment to manufacture high-quality lump wood charcoal.
“Through this BIS support, the company will implement its greenfield charcoal plant in Wellington, Somerset West, where they will supply local retailers and export to European countries. The company has so far created five direct jobs and is projected to create 90 jobs by December, plus additional indirect job opportunities through its sourcing of raw materials from local suppliers,” he said.
It plans to expand into other provinces in future.
The event can be attended virtually. To register go to the link: https://bit.ly/2DeU5Eq