Lighting Distributor FosRich to Become a Manufacturer

• FosRich Company Limited, which trades in lighting and energy products, will be setting up a production base to grow its slice of a market it estimates to be worth at least $20 billion.
•  The company will also be issuing a corporate bond for funds to finance inventory for its new industrial division. The size of the bond remains undisclosed, but Managing Director Cecil Foster expects the bond placement to close in November.

 

Source: Gleaner