BAKU, Azerbaijan, October 31. Uzbekistan launched new line for heat treatment of metal with a design cost of $10 million at the Uzsungwoo JV in its Fergana region, Trend reports via Uzbek Ministry of Investments and Foreign Trade.
The production facility is fully automated, works on the basis of the latest technologies and is equipped with devices for cutting, hot pressing and laser cutting of metal.
As a result of the launch of the new line, 120 new jobs were created, and the annual production of the enterprise will reach $95 million.
The capacity of the cast iron processing line itself is 2.4 million items worth more than $19 million per year.
The new technological process will also make it possible to localize 20 types of components for Tracker and Onix cars produced in Uzbekistan.