Gevorkyan to build new plants in USA and Mexico

Powder metallurgy firm Gevorkyan (Artur Gevorkyan) plans to expand into the US and Mexican markets, where it plans to build two plants to be closer to its customers in the defense industry. The final decision is to be made in the second half of this year. It is implementing a €20m investment plan in the existing plant in Vlkanová, which will increase the number of employees from the current 200 to 250. The company had €54m sales in 2021.

(hnonline.sk)