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Zamil Industrial Investment Company

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Zamil Industrial Investment Company
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Zamil Industrial Investment Company is a Saudi joint-stock company listed on the Saudi Stock Exchange (Tadawul). It was established in 1998, and its headquarters is located in Dammam, the Kingdom of Saudi Arabia. It is an industrial group that provides integrated products, systems, and engineering services to meet the needs of the global construction industry.

It was listed on "Saudi Tadawul" on February 9, 2002. Its shares are traded on the main market in the Basic Materials Sector under the name "Zamil Indust" with the symbol (2240) and ISIN (SA0007879410). As of the update on March 3, 2015, the company's capital is SAR600 million.

Zamil Industrial Investment Company offers a range of products and solutions, including pre-engineered steel buildings, structural steel frameworks, air conditioning and environmental control systems designed for various commercial, industrial, and residential applications, power and telecommunications transmission towers, precast concrete building products, fiberglass and rock wool insulation materials, insulated pipes, maintenance and repair services for air conditioning and refrigeration equipment, maintenance and inspection services for industrial projects, building automation systems, security and protection systems, integrated project execution services, solar energy projects, and high-quality installation and support services.

Zamil Industrial employs approximately nine thousand employees worldwide, with exports accounting for about 25 percent of its annual sales. The company sells its products in over ninety countries and has manufacturing facilities in the Kingdom, the United Arab Emirates, Egypt, India, and Vietnam.

The company provides comprehensive building solutions, having enhanced its capabilities to be an integrated source for meeting the specific needs of construction projects worldwide. This includes services ranging from engineering to the manufacturing and supply of industrial products and environmental control systems.

Zamil Industrial is composed of three main industrial sectors: the steel sector, the air conditioning sector, and the insulation sector.

Steel sector

The steel sector at Zamil Industrial is represented by Zamil Steel Holding Company Limited. Zamil Steel was established in 1977 and is one of the world's leading companies in engineering design and manufacturing of various steel products. It is the primary supplier in the Middle East for structural steel frameworks, steel pipe rack structures, pressure vessels, galvanized steel towers for power transmission and telecommunications, open-web steel joists, and deck plates.

The company produces fabricated steel for buildings and steel structures of low-rise and high-rise multi-story buildings for industrial, commercial, agricultural, aviation, entertainment, and military applications, as well as for supporting infrastructure and development projects.

Air conditioning sector

Zamil Air Conditioners Holding Company Limited represents the air conditioning sector at Zamil Industrial. It was established in 1974 and was the first air conditioner factory in the Kingdom. Over the past decades, the company has expanded to become one of the world's leading air conditioning manufacturers and the foremost in the Middle East.

Insulating sector

Zamil Industrial operates in the insulation sector through Gulf Insulation Group (a closed joint-stock Saudi company), where Zamil Industrial holds a controlling 51 percent stake in the company's capital. The group consists of: Arabian Fiberglass Insulation Company Limited (AFICO), Saudi Rockwool Factory Company, and Saudi Pre-insulated Pipes Industries. These companies enjoy an excellent reputation in local and regional markets for providing high-quality products.