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Alexandria Spinning and Weaving Co to Partially Shutdown Some of its Production Units


Wednesday, 3 Oct 2012 08:00pm EDT 

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. 

Company Quote

1.47
0.01 +0.68%
27 Jul 2014