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MAKING WIRE NAILS

This business idea is for manufacturing and marketing of wire nails. The nails consist of hard drawn bright mild steel wire with a head, which helps in driving the nail inside. They are made in various sizes. Wire nails are used for roofing, fastening in carpentry and woodwork, fencing, etc. With the rise in construction activities, both commercial and private, the demand for wire nails is bound to increase. Setting up a plant to make wire nails would thus meet this demand. This business idea is premised on manufacturing 769 kilograms of three inch wire nails per day which translates into 239,

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LEATHER PURSES

This profile is for production and marketing of leather purses and wallets. Real leather purses are made out of animal hides, fish skins. It is a garget for keeping money and other documents. It is commonly known as money purse wallet simply because people use it to keep in their money in the pockets of the handbags.

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MAKING PRINTED SHOPPING BAGS

Shopping bags or carrying bags are made from LD/LLDPE plastic, which is used by traders and business houses with their firm names printed in multi–colors using offset printers. This project involves capital of US$153,638 which in return brings in gross profits of US$150,000 with a profit margin of US$ 3,638 per annum. The bags are not only convenient but are also a means of advertising and sales promotion. What is proposed here is to set up a plant to make printed shopping bags, which are environmentally friendly since they can be recycled.

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POWER LOOMS TO PRODUCE YARN

A power loom is a machine that weaves yarn into textiles. Power looms manufacture cloth from yarn. This cloth is thereafter used to make suits, dresses, bed sheets depending on the intentions of the user. The business idea aims at production of 40,950 meters of yarn per month which translates into 491,400 meters annually. The revenue potential is estimated at US$ 840 per year with a sales profit of 28,225which is 11.3%. The total capital investment for the project is $ 2,700.

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THERMO-FORMED DISPOSABLE TRAYS

A simple process of converting thermoplastic sheets into finished articles is called thermoforming. This is one of the oldest techniques employed, in which the process of heating sheets, between glass transition temperatures is by softening the point of the material in order to carve the material into the desired shape by using pressure/ vacuum. The process of thermoforming is restricted to relatively simple shapes having limited depth of draw. With this technique, it is possible to produce articles of less than 1mm of section thickness. Total investment would costs US$100,275 producing 3,600,

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MAKING SPINDLE TAPES

Spindle tapes are mainly used in textile industries where spindles do run at a very high speed with minimum vibrations. Perfect spindle tapes are ideal for cotton, woolen, worsted & synthetic fiber spinning. These tapes exhibit, Permanent anti static behavior, are energy saving, high resistance to abrasion and easy to join.