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Spades and Shovels

Spades and Shovels

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Published by big john
tools
tools

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Published by: big john on Apr 21, 2013
Copyright:Attribution Non-commercial

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04/21/2013

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174. PROFILE ON PRODUCTION OF SPADESAND SHOVELS
 
 174-2
 TABLE OF CONTENTSPAGE
I. SUMMARY 174-3II. PRODUCT DESCRIPTION & APPLICATION 174-3III. MARKET STUDY AND PLANT CAPACITY 174-4A. MARKET STUDY 174-4B. PLANT CAPACITY & PRODUCTION PROGRAMME 174-6IV. MATERIALS AND INPUTS 174-7A. RAW & AUXILIARY MATERIALS 174-7B. UTILITIES 174-7V. TECHNOLOGY & ENGINEERING 174-8A. TECHNOLOGY 174-8B. ENGINEERING 174-9VI. MANPOWER & TRAINING REQUIREMENT 174-11A. MANPOWER REQUIREMENT 174-11B. TRAINING REQUIREMENT 174-12VII. FINANCIAL ANALYSIS 174-12A. TOTAL INITIAL INVESTMENT COST 174-12B. PRODUCTION COST 174-13C. FINANCIAL EVALUATION 174-14D. ECONOMIC BENEFITS 174-15
 
 174-3
I. SUMMARY
 This profile envisages the establishment of a plant for the production of spades andshovels with a capacity of 1,200 tonnes per annum. The present demand for the proposed product is estimated at 774 tonnes per annum. The demand is expected to reach at 1,671 tonnes by the year 2017. The plant will create employment opportunities for 56 persons. The total investment requirement is estimated at Birr 5.39 million, out of which Birr1.84 million is required for plant and machinery. The project is financially viable with an internal rate of return (IRR) of 27 % and a netpresent value (NPV) of Birr 4.16 million, discounted at 8.5%.
II. PRODUCT DESCRIPTION AND APPLICATION
A spade is a tool designed primarily for the purpose of digging or removing earth. Ingardening, a spade is a hand tool used to dig or loosen ground, or break up clumps in thesoil. Spades are made in many shapes and sizes, for a variety of different functions and jobs. There are many different designs used in spade manufacturing. The most commonspade is a garden spade, which typically has a long handle, is wide, and is treaded (hasrest of the feet to drive the spade in to the ground).A shovel is a tool for lifting and moving loose material such as coal, gravel, snow, soil, orsand. It is usually a hand tool consisting of a broad blade with edges or sides that is fixedto a medium-length handle. The term “shovel” is also applied to larger excavatingmachines, such as steam shovels, which are designed for the same purpose-lifting andmoving materials.

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