Chuvash glass manufacturer will invest 60 million rubles in modernization

The Chuvashia Industrial Development Fund will provide the glass company AlProf with a loan in the amount of 49 million rubles at 1% per annum. The funds will be used to modernize production.

The AlProf plant is located in the Morgaushsky district and specializes in the production of tempered glass and triplex. Over the past year, glaziers produced over 50 thousand square meters. meters of products - windows, stained glass, glass doors and office partitions.

The investment project involves the purchase of equipment for washing and processing glass. The total cost will exceed 60 million rubles, the Chuvash Federal Investment Fund reported.

The project will allow us to work with large format glass and enter the construction market of Moscow and other large regions. According to the company's plans, glass processing volumes will increase by 2.5 times.

This is already the second project that AlProf is implementing jointly with the IDF. In 2022, the fund provided the company with a preferential loan in the amount of 7.2 million rubles.

Source: pravdapfo.ru