Friday, November 24, 2017

Soliver glass factory will reopen next year. $32 million investment to upgrade machines


Soliver, a manufacturer of glass containers, will reopen its factory in Bchamoun in mid-2018.

The company took the decision to shut down its factory last February, and dismissed 250 employees after compensating them. The reason behind the closure, according to Omar Kaddoura, General Manager of Soliver, was because the company was losing its market share, due to the high cost of electricity, especially as the glass industry requires large amounts of energy. Soliver pays more than $3 milli...

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