KDS Accessories to invest Tk 144.50m for automation

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Business Desk :
The board of directors of KDS Accessories Ltd has decided to invest Tk 144.50 million (estimated) for finishing line automation.
The said amount will be used for procuring machineries and civil construction for finishing line automation of corrugated packaging which will increase the ability to maximise the total capacity utilisation with a variety of printing breakdown and product sizes, said an official disclosure on Wednesday.
After automation, the overall capacity utilisation can be increased by another 15 per cent from the existing ones. An additional 3,000,000 pieces carton box per year can be finished upon having order, the company said in the disclosure.
“It may generate approximate additional sales revenue of Tk 250 million annually,” said the company.

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