The company MIP "Industrijske armature" built a new factory in the industrial zone Zmič near Paraćin, where, besides the current production program, they also plan to produce hydrants.
For the manufacturing plant of 400 square meters all infrastructure problems are resolved, electricity is brought, machines and metalworking tools are prepared. Nevertheless, the factory can't still start working because the permission from the responsible is awaited, to install the furnace for casting non-ferrous metals. According Miloranka Manić, the owner of the company, as soon as they get the necessary documents, the factory will start working and will immediately employ about ten new workers.
MIP "Industrijske armature" is a private company specialized in manufacturing various types of valves, such as safety valves and flanges, since the year 2006. By moving to Paraćin they intend to increase its production capacity and expand the sales program.