Deputy Chief of Mission of the US Embassy, Adrienne Galanek on Thursday joined U.S. company, Cave Industries, in launching their Guyana office.
A brief statement from the US Embassy said that Cave Holdings – Guyana Inc will bring innovative 3D printing technology as well as ease inventory and part replacement challenges to support local manufacturers.
Dr. Peter Ramsaroop, Chief Investment Officer of Guyana and Agency Head of the Guyana Office for Investment also attended the opening ceremony of Cave Holdings – Guyana Inc.
A statement from G-Invest said that the company has established an industrial additive manufacturing operation that will provide critical products to support the mining, construction, medical, and oil and gas industries.
The company’s cutting-edge pieces of equipment which will utilize Additive Manufacturing and Digital Fabrication hold significant promise for Guyana, as it will eliminate the need for shipping many critical parts for the oil and gas industry, enabling parts to be made directly from a 3D design, the statement said.
Ramsaroop expressed that the establishment of Cave Holdings – Guyana Inc. represents another step in the nation’s industrial evolution. Ramsaroop stated that the company will not only support key industries but will also add to Guyana’s self-sufficiency and reduce its reliance on imports.
The statement said that the Guyana Office for Investment played a crucial role in facilitating the company’s investment into the country, underscoring the government’s commitment to creating a conducive environment for foreign and local investments.