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Provider: Wright Reports
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$460.00
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Provider: Reuters Investment Profile
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$20.00
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Alexandria Spinning and Weaving Co to Partially Shutdown Some of its Production Units
Alexandria Spinning and Weaving Co announced that its General Assembly, at its Extraordinary Meeting held on September 24, 2012, approved to partially shutdown some of its production units in El Nozha, Alexandria. The Company cited product quality decline in these units due to utilizing worn out and old machineries as the main reason for its decision.
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