SA’s Supreme Spring and Ghana’s Springs and Bolts sign MoU

The African Association of Automotive Manufacturers (AAAM) has welcomed the signing of a memorandum of understanding (MoU) between Supreme Spring, a subsidiary of JSE-listed group Metair, and Springs and Bolts, based in Ghana. Supreme Spring MD Mark Barley and Springs and Bolts CEO Derrick Asamoah Boahen signed the MoU at the premises of Supreme Spring […]

A walk inside Springs and Bolts, Ashanti’s first 1D1F

While in Kumasi last week, I took the opportunity to visit the Spring and Bolts Company Limited, the first factory to be opened in the Ashanti Region under the government’s One-district One-factory (1D1F) policy.The 1D1F is the flagship industrial policy initiative of the Akufo-Addo-led administration working with the private sector, and to be the first […]

Ghana’s Springs and Bolts Company Ltd to partner with British International Investment

Springs and Bolts Company Limited, a fully Ghanaian-owned enterprise, is attracting a strategic partnership with British International Investment to expand its operations. The company is one of two companies in West Africa locally manufacturing truck parts, including u-bolts, leaf springs and axles for export. British High Commissioner to Ghana, paid a working visit to the […]

1D, 1F Project Commissioned At Asokwa

President Nana Addo Dankwa Akufo-Addo has commissioned one of the projects under Government’s 1-District-1-Factory initiative at Asokwa in the Ashanti Region. The company, which produces U-bolts, leaf springs, trailer suspension parts, bolts and nuts, can import machinery and equipment duty-free. It will among others, not pay duty on raw materials imported for production, and will […]