Rio-Carb (PTY) Limited
After being in the Rio-Tinto (SA) stable for 13 years, there was a management buy-out by the then existing (and still current) share-holders.
The company was initially motivated by Martin Maine who had extensive experience in the welding and manufacturing industries. He was then importing the current product from Australia, and saw the opportunity to establish local manufacture in 1982, when Rio-Tinto had ambitions to establish manufacturing companies allied to mining, and therefore, financed and capitalised the new “Rio-Carb” for local manufacture.
The company has grown nearly three-fold since 2002. The customer base has since, increased dramatically.