Steelcor Power (Pty) Ltd is a joint venture between the employees of Steelcor Power who formed a Worker’s Trust (26%) and Steelcor (Pty) Ltd (74%). The company believes that this avenue taken is on of very few genuine black empowerment undertakings.
Steelcor Power operates from its own premises with its own office block and factory.
The company is doing extremely well and has amongst others Johannesburg City Power and Tshwane City Council, Ekurhuleni Council and Roshcon as its customers. Because Johannesburg City Power was placing substantial orders on the company, their black empowerment officers conducted an audit on Steelcor Power and its operations and they were extremely happy with their findings.
Steelcor Power’s shareholder’s agreement allows for the black partners to increase their shareholding in the future.
Steelcor Power (Pty) Ltd manufacturers the following products
Metering Ring Main Unit
Non-metering Ring Main Unit
Three Way Kiosk
Four Way Kiosk