Metals fabricator Multiforms sees capacity rise by 400% in a year

Dubai: Multiforms, a unit of Emaar Industries and Investments (EII) that specialises in steel and aluminium fabrication, has seen its capacity rise by 400 per cent in a year, Emaar said.

EII, 40 per cent owned by Emaar Properties group, acquired Multiforms about a year ago and has since worked to increase output at its three Dubai facilities.

"Production capacity of Multiforms has increased 400 per cent. Turnover has climbed more than 300 per cent," EII said in a written statement.

Emaar officials did not provide output figures and details of their financial investment in capacity expansion.

To improve its technological and production capabilities, Multiforms yesterday signed an agreement with South Korea's Hyundai.

The two companies will jointly work on projects across the Gulf as demand for steel and aluminium fabrication grows amid the ongoing construction activity.

The MoU with one of the giants of the global industry establishes Multiforms' position as a key player in the ancillary industries that support the region's booming multi-billion construction sector.

Multiforms dominates the UPVC supplier market and is increasingly prominent as a manufacturer and supplier of custom aluminium walling and cladding and a range of sophisticated architectural materials.