Naledi Group believes unity, excellence and trust are key to being the largest black owned manufacturing company in Africa with the ability to compete locally and internationally, driving transformation and industrialisation through investment in plant, people and products.
In 2013 a consortium consisting of the IDC, Sibusiso Maphatiane and an Employees trust acquired the majority stake of Dorbyl Ltd, a listed entity who owned the foundry.
Immediately after delisting in July 2014 the shareholder initiated an extensive capital investment plan into the foundry as well as a corporate restructuring to separate the foundry from the rest of the Dorbyl group.
The restructuring was completed in May 2016 and the capital investment program in May 2017.
Naledi Foundry is one of the few large foundries with a capacity of 60 000 Tons in South Africa and was established in Benoni Industrial in 1947. The foundry was through the years very involved in the rail sector where it was a major casting supplier of components for various rail manufacturers and distributors by supplying rail, locomotive, wagons and coach components such as braking system, coupling system, bogey parts as well as rail infrastructure parts.
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