Sumitomo Electric opens Tenth of Ramadan automotive wiring harness factory: Japan’s Sumitomo Electric local arm SE Wiring Systems Egypt inaugurated its EUR 22 mn automotive wiring harness factory in Tenth of Ramadan, according to a cabinet statement. The facility is billed as one of the largest wiring harness factories in the world.

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ICYMI- We heard back in October that the factory would officially open in 1Q 2025 after beginning production in November. The factory was originally scheduled to begin operations by the end of 2023.

About the factory: The factory has a production capacity of 10 mn wires per month, which the company expects to ramp up to 26 mn wires with the addition of new machines down the line. The company currently produces 650k harnesses monthly, with plans to expand production to 1 mn harnesses by the end of the year. The factory currently employs around 2k workers, with plans to increase the workforce to 3k by the end of 2025.

The company has installed solar power systems worth a combined EUR 1 mn across its Egypt plants to generate 3.2 MW of clean energy, supplying some of the plants’ energy needs.

The factory includes a training center capable of training over 600 employees daily, with further expansion plans underway. The company has signed an agreement with the Education Ministry to train over 300 vocational students across Port Said, Giza, and Sharqia. The facility also includes a research and development unit.

DATA POINT- With EUR 300 mn in exports annually, Sumitomo has maintained the title as the country’s largest freezone-based exporter for the last four years, said Sumitomo Egypt Deputy Managing Director Mohamed Hammam, according to a separate statement from the cabinet. The company’s existing factories across Sixth of October, Tenth of Ramadan, and Port Said employ some 12k workers.