Powertech Industries Inc. reports that its wholly owned subsidiary Gasmaster Industries Inc. has ordered new automated equipment for heat exchanger manufacturer and assembly. The new equipment will enable Gasmaster to increase its total production capability from USD 250,000 to USD 800,000 per month. This new production equipment should be in place within the next 30 days. The increased orders for Gasmaster’s products and the increased level of quoted jobs has necessitated the company investing in automated production equipment to handle the large expected increase in product orders. Gasmaster is also in the process of finalising equipment specifications for the next set of automated production equipment, which when commissioned will further enhance Gasmaster’s production capability.
