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Formed in 1984, Napco is a Rusayl Industrial Estate-headquartered aluminium company that hires 122 Omanis and 256 expats.
In the GCC, NAPCO is placed fifth in terms of capacity, but when it comes to production and revenues, we are number two since July 2018 till date.
As part of its commitment to continuously provide high-tech services that are on par with international practices, and as part of its strategy to provide engineering and software solutions for the construction sector at large and the aluminium sector in specific, APIC subsidiary National Aluminium and Profiles Company (NAPCO) received distribution rights for the integrated engineering software Orgadata Logikal in Palestine-NAPCO Pro.
Napco is an independent wholesale broker of commercial property catastrophe insurance coverage and is based in New Jersey.
6 September 2017 - North Carolina, US-based packaging provider Napco has agreed to acquire the assets of Alabama, US-based packing and binder company Vulcan Information Packaging to expand national sales reach, the company said.
The program will now allow for comprehensive education on using all of our products," explained Dani Nichols, President of NAPCO. "We are thrilled to be able to offer an all-inclusive class to expand the skills of our refinishers, allowing them to provide a wider range of services to their customers."
Through its partnership with National Aluminium Products Co (NAPCO), Oman's largest aluminium provider, GlassPoint Solar continues to generate sustainable in-country value (ICV) within the sultanate.
Muscat: Through its partnership with the National Aluminum Products Company (Napco), Oman's largest aluminium provider, GlassPoint Solar, continues to generate sustainable in-country value (ICV) within the Sultanate.
Moss added: "GlassPoint no longer needs to import all the aluminium materials from Europe or Asia and is actively working with Napco to qualify them for additional components.
Maher Dabbous, Vice President of Sales at Napco Flexible Packaging Division, explains, "We work closely with our customers to envision their packaging of the future to best address their production and brand objectives, while meeting their customers' demands to keep food fresh and to recycle packaging, where possible."
The credit facility consists of a USD12.5m term loan and a USD11m revolving loan facility, to be used for financing Napco's activities.Both the term and revolving loans come at a variable interest rate based on the company's performance.
In fact, the market is so well capitalized that catastrophe losses would have to total more than $50 billion to spur a dramatic change in soft market conditions, according to a "State of the Market" report by NAPCO LLC, a wholesale broker specializing in catastrophe property coverage.