Business Desk :
The Bangladeshi multinational electronics and electrical brand Walton has planned to increase the production of its nut, bolt and screw, which are called as fasteners or industrial solutions in the engineering sector, to meet the growing demands of locally made fasteners.
To this extent, Walton is going to install most advanced machineries at its nut, bolt and screw manufacturing unit at Chandra in Gazipur with the aim of raising the production capacity of the existing unit by triple. Also, they are increasing the number of workforce of the unit.
Mentionable, fasteners are one of the most important light engineering items, which are used in heavy engineering as well as different manufacturing industries like furniture, automobiles, electrical and electronics appliances etc. These are used to hold more than one object together or for making strong bonds which are not broken even at high amount of pressure. Thus, the uses of highest standard fasteners are very much important for the products’ durability.
Earlier, most of the local demands of fasteners were met with the imported items; As a result, the country has to spend lots of foreign currency to pay the import bills. Besides, both the importers and the users had to wait for couple of months to get the imported items.
But, this import dependency had been reduced with the start of local productions of nut, bolt and screw by Walton in 2017.
Moreover, Walton have already discussed with some other overseas companies to export its produced fasteners. Thus, Walton planned to increase the production capacity of the existing unit by triple, he said.
According to Walton authorities, they are using their own produced nut, bolt and screw in the production process of fridge, air conditioner, LED television, compressor, various sorts of electric fans, rice cookers, blenders, gas stove, switch-socket, LED light etc.
The Bangladeshi multinational electronics and electrical brand Walton has planned to increase the production of its nut, bolt and screw, which are called as fasteners or industrial solutions in the engineering sector, to meet the growing demands of locally made fasteners.
To this extent, Walton is going to install most advanced machineries at its nut, bolt and screw manufacturing unit at Chandra in Gazipur with the aim of raising the production capacity of the existing unit by triple. Also, they are increasing the number of workforce of the unit.
Mentionable, fasteners are one of the most important light engineering items, which are used in heavy engineering as well as different manufacturing industries like furniture, automobiles, electrical and electronics appliances etc. These are used to hold more than one object together or for making strong bonds which are not broken even at high amount of pressure. Thus, the uses of highest standard fasteners are very much important for the products’ durability.
Earlier, most of the local demands of fasteners were met with the imported items; As a result, the country has to spend lots of foreign currency to pay the import bills. Besides, both the importers and the users had to wait for couple of months to get the imported items.
But, this import dependency had been reduced with the start of local productions of nut, bolt and screw by Walton in 2017.
Moreover, Walton have already discussed with some other overseas companies to export its produced fasteners. Thus, Walton planned to increase the production capacity of the existing unit by triple, he said.
According to Walton authorities, they are using their own produced nut, bolt and screw in the production process of fridge, air conditioner, LED television, compressor, various sorts of electric fans, rice cookers, blenders, gas stove, switch-socket, LED light etc.
