Bell Equipment plans to shift more of its manufacturing to the northern hemisphere, away from South Africa. The company wants to be less exposed to "the risks presented by the volatility of the South African landscape going forward". Bell Equipment, founded in 1954 in KwaZulu-Natal, plans to relocate more of its manufacturing away from South Africa. "Consequently, over time, more aspects of ADT manufacturing will shift to the northern hemisphere," it added. Bell said the Russian market represents 3% of its global business, and machines destined for that country in 2022 can readily be absorbed by other markets.

Source: News 24 March 29, 2022 05:55 UTC