Full-cycle metalworking production was launched in the “Volodarsk” territory of advanced economic development

IronTech LLC launched a full-cycle metalworking production facility in the “Volodarsk” territory of advanced economic development in the Nizhny Novgorod Region.

The project implementation involved an investment of 170 million rubles, with plans to create over 40 jobs.

“Another modern production complex has been launched in the “Volodarsk” territory of advanced economic development. The plant performs mechanical metal processing and has organized sections for laser cutting, bending, welding, powder coating, and assembly. In total, over 4 billion rubles have been attracted for project implementation in this area – this is twice as much as we planned. More than 450 jobs have been created,” emphasized Denis Ismagilov, Minister of Economic Development and Investments of the Nizhny Novgorod Region.

One of the main customers of the enterprise is EcoPoint, for which hardware-software complexes for automated collection of secondary resources from citizens for remuneration (reverse vending machines) are being produced. The plant’s capacity allows for the production of up to 1,200 reverse vending machines per year, with the potential for further expansion.

The project is being supported by the Nizhny Novgorod Region Development Corporation.

“Our specialists consulted the company on available support measures, helped select a land plot, and assisted with connecting to utility networks. The implementation of this project helps increase waste processing volumes through the production of equipment for automatic collection of secondary resources,” noted Igor Ishchenko, Director General of the Nizhny Novgorod Region Development Corporation.