Saudi Arabia's HEET Establishment for Industry is tipping a 35 percent increase in revenues The Dammam-based firm, which last year generated revenues of $2.7 million, says it has signed a number of major deals and more are on the way.
Heet is the only Gulf company to produce mobile racking systems for the storage industry. Multi-use cages produced by HEET can be used as packing to replace cartons. Earlier this year the company signed a $548,000 deal to supply Sharjah-based InterGulf with racking systems.
HEET has also implemented phase one of a one million dollar storage system for DNATA and is negotiating for the second stage. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
