Stationery and Office Supplies Limited (SOS) has purchased equipment used to manufacture various types of writing books as well as the brand name SEEK.
This purchase will allow SOS to enter the manufacturing industry in Jamaica starting with books and a plan to continue to manufacture other stationery products in the future.
The machinery purchased included ruling machines, guillotines, gluing machines, stapling machines and book presses.
SOS said the total value of the purchase is J$60 million and is being financed through a bond with Jamaica National. It expects that the total investment including machinery, raw materials and renovations would exceed J$80 million.
The company said, with this expansion, SOS will be initially employing an additional 25 people and that production is expected to start during the first week of May.