Orsha Instrument Plant is starting the implementation of an investment project meant to start the production of new-generation cutting tools for high-speed processing centres, the company’s director Valery Lugai told BelTA.

Designed to cover 2008-2010, the business plan envisages modernising existing production facilities with replacement of some metal-cutting machine tools and the reconstruction of the thermogalvanic workshop. The company plans to channel Br6.2 billion into the project. In 2008-2010 total sales of Orsha Instrument Plant are expected to exceed Br48 billion.

In January-June 2008 the company’s output totalled Br6.1 billion. The production increased by 18.5% in comparison with the same period of last year. Return on sales went up by 25.5% to Br700 million.

Main foreign customers of cutting and auxiliary tools are machine tool manufacturers of Russia and Ukraine. The company maintains manufacturing cooperation ties with Israeli ISCAR company, one of the leaders of the global instrument market. The cooperation is used to manufacture side milling cutters for processing exact gutters.

Orsha Instrument Plant offers over 300 kinds of metal-cutting and auxiliary tools. The company is Belarus’ only manufacturer of angular motion transformers for automated machine tool tuning systems.

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