“At today’s 75th government session, the ministers adopted the information on the draft agreement on granting state aid to the company for production and trade ‘Telamon Europe Macedonia DOOEL Skopje.’

As the government press service informs, this is a new investment in the Republic of Macedonia, which amounts to four million euros ($4.63 million). According to the business plan of the company, 300 new employments are envisaged in the first five years. The company “Telamon” produces machines for joining automatic cutting machines, tapes, cutting and closing machines. The company is one of the largest in the United States and has offices in nine locations: Indiana, Illinois, California, Arkansas, Ohio, New Jersey, Kansas and Missouri, two international facilities in China and one in Mexico. The factory in the Republic of Macedonia will be the fourth international capacity and headquarters of Telamon – Europe.” (translated from Nova Makedonija)