Binghatti’s manufacturing facility along with its cutting-edge technology will serve as a hub for their in-house team
Dubai developer Binghatti proudly announces the acquisition of a state-of-the-art steel manufacturing facility in Dubai. The newly acquired steel factory marks a significant milestone in the company’s commitment to innovation and excellence in the real estate industry.
The facility will be equipped with cutting-edge technology and will serve as the primary hub for the firm’s proficient in-house team of designers, architects, and manufacturing experts to transform ground-breaking architectural design into top-tier hyper-towers. Design structures including elements of the iconic crowns featured atop of the company’s latest mega projects Burj Binghatti Jacob&Co Residences as well as Mercedes Benz Places | Binghatti are expected to be manufactured in the facility.
The company’s strategic acquisition is in line with its highly lean and streamlined supply chain and development process. Through its vertically integrated business model, the developer ensures maximum efficiency and control over every aspect of property development from concept to completion. The newly acquired factory will operate in tandem with the company’s in-house manufacturing facilities for joinery, aluminum and glass, and guided by its dedicated team of in-house engineers, interior designers and architects. The acquisition serves as yet another tool for the business in achieving its vision of placing unequivocal focus on quality and lean development.
“The acquisition and development of this manufacturing facility further cements Binghatti’s unwavering commitment to quality. We are determined to maintain uncompromising focus on craftmanship and ensure the highest standards of durability and excellence by overseeing the entire process from inception to completion in our projects”, Binghatti CEO Muhammad BinGhatti commented.
The firm aquired this investment through its self-sustained cash flow, reflecting the company’s solid financial position. The strategic investment further strengthens the developer’s position as a key player in the industry and reaffirms their dedication to uncompromised quality and improvement. With this latest advancement, the company is set to continue delivering groundbreaking architectural masterpieces that redefine the skyline of Dubai and beyond.
