The U.S. company MHT Products will open an air conditioning and cooling device factory in the Priboj Free Zone.
As stipulated in the agreement signed on Monday by Sean Masoudnia, the proprietor of MHT Products, and Milisav Salipur, director of the Free Zone, the company will start adapting one of FAP’s former facilities in late November, and the production of cooling devices should start in the first half of 2017.
Parallel to the adaptation of production premises, the Americans will employ 10-20 people from Priboj on a trial basis Next year, around a hundred people from Priboj are expected to find jobs at the factory.
Following the Spanish company Refisa, the manufacturer of polyester train components, MHT Products will be the second occupant at the Priboj Free Zone.
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