Valves manufacturer AVK Southern Africa’s new R200-million training academy, in Alrode, Gauteng, will train 1 500 people by the end of the year.
AVK Southern Africa director Patrick Jantjies explains that the company wants to improve the skills of workers in the valves industry to help it grow after the recent commodity slump. Currently, students from the University of Johannesburg, several technical schools and people employed by the valves industry are being trained by AVK.
The facility, launched in September last year, is expected to enable AVK, part of Denmark-based valves manufacturer and supplier AVK Valves, to grow further in the sub-Saharan Africa valves market, where the mining industry accounts for 20% of AVK sales.
“Therefore, the mining industry is a big market for us, which is why we plan to entrench ourselves in industries such as steel, iron-ore, gold, platinum and uranium by providing valves at a competitive price.”
Jantjies says, during the commodity slump, which started in 2015, AVK focused on becoming a strong competitor in these industries, which it believes will experience a “quantum leap” in terms of growth in the near future, with the immediate commodities market increasing, thereby allowing for incremental growth in the valves industry.
This story is from the Mining Weekly 10 March 2017 edition of Mining Weekly.
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This story is from the Mining Weekly 10 March 2017 edition of Mining Weekly.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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