Journal Information
Research Areas
Publication Ethics and Malpractice Statement
To Scholarlink Resource Center
Guidelines for Authors
For Authors
Instructions to Authors
Copyright forms
Submit Manuscript
Call for papers
Guidelines for Reviewers
For Reviewers
Review Forms
Contacts and Support
Support and Contact
List of Issues


Journal of Emerging Trends in Engineering and Applied Sciences (JETEAS)


Article Title: Investment Analysis for the Establishment of a Plant for Manufacturing Gas-Fired Furnaces for Non-Ferrous Metals
by O.A. Ighodalo

Towards the local production of furnaces which will make possible the processing of non-ferrous metals and thus stimulate industrial growth and also contribute to government's present efforts at solid mineral resources development, an investment analysis for the establishment of a plant for manufacturing gas-fired furnaces for non-ferrous metals was carried out. The analysis was done for a manufacturing plant with an installed capacity of 120 units of the furnace per annum. The furnace capacity is 27.3kg/hr of aluminium and is suitable for small-scale industrial production. As part of the methodology, a market analysis, the required equipment, materials, and the human resource requirements are presented. The financial aspect is also presented and the financial and breakeven analysis were carried out. The market analysis confirms a ready market for the product and the required total capital investment for the plant is approximately, 42.5 million Naira. The estimated annual profit is approximately 27.1 million Naira. The financial analysis shows that the investment is a profitable venture with a good profitability ratio and rate of return. The payback period for the venture is less than 2 years
Keywords: investment, profitability, furnace, plant, manufacturing, non-ferrous metals
Download full paper

ISSN: 2141-7016

Editor in Chief.

Prof. Gui Yun Tian
Professor of Sensor Technologies
School of Electrical, Electronic and Computer Engineering
University of Newcastle
United Kingdom



Copyright © Journal of Emerging Trends in Engineering and Applied Sciences 2010