In his opening remarks, Mr.Kelvin Andrew Kaukinen, Executive Director of Wagner Asia Group, emphasized, “A launch of world class, fully automated and latest technology Machine Shop, which is ranked at second after Kazakhstan in the region, is opening a new chapter in Mongolia’s metal working industry. Now we will rebuild and repair individual parts, components of machinery or equipment like newly produced according to the standards. It will save time and spending of our clients as it will substitute import, alongside providing opportunities to increase their productivity and profits.”

S.Tserennyam, Director of Analytics and Innovation, Wagner Asia Equipment LLC, pointed out that it has been the company’s largest investment of the year. The machine shop will serve not only to its main customers –mining companies, but also to power plant operators. As the machine shop deals with all types of metal working, it has possibility to partner with heavy industries, he said.

He kept saying that the machine shop also creates an opportunity to ‘import’ its service to companies of neighboring countries. Some companies and businesses of Bayannur of Inner Mongolia, China have already expressed their readiness for partnering.