Corporate News
Eveready is facing cut-throat competition from cheap battery imports mostly from China. FILE
By VICTOR JUMA
In Summary
Battery distributor Eveready East Africa has closed
its Nakuru dry cell manufacturing factory, opting to source batteries
from its affiliate in Egypt.
The move will see the company retrench 99
employees later this week. Eveready says an influx of cheaper and
illegal imports has hurt operations at the Nakuru plant, making it
economically unviable.
The factory has been running at 25 per cent of its capacity.
“We are shifting our focus from
manufacturing to distribution, which is now our core business,” said
Jackson Mutua, Eveready’s managing director.
He added that the move to import
all batteries from Energizer Egypt will eliminate costs of running the
Nakuru plant besides boosting the firm’s competitiveness in terms of
pricing.
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