CMC Poland chooses award-winning land

The value of the investment is estimated at $5-7 million, though this is an estimate as the company has not yet chosen a contractor or equipment supplier. Construction is likely to begin this year and the start of production is planned for spring/summer of 2007. The plant will be used for cutting and bending bars used for reinforced concrete construction. The company wants to supply its products mainly to Warsaw and Łódź and its plant will produce about 48,000 tonnes of bars per year. CMC Poland launched a similar plant in Poland in July 2006, near Zawiercie, and is planning to open two or three more. The firm chose the land in Żyrardów because it had won a contest called "Ground for medal," organized by the Polish Information and Foreign Investment Agency. Since the contest, interest in the terrain has risen ten times over. (Puls Biznesu p. 8) M.M.