TOAC achieves level 3 B-BBEE status

MEDIA STATEMENT

Cape Town, 17 February 2020. Industrial HVAC engineering company Two Oceans Air Conditioning (TOAC) achieved level 3 B-BBEE status, confirming the company’s commitment to making a meaningful contribution to the advancement of the South African economy through innovation and adoption of the latest technologies at large scale commercial, mixed-use and industrial construction projects.

Achieving level 3 B-BBEE status is confirmation of our dedication to contribute to economic growth, drive skills development and deliver on our strategy of inclusion. Despite the challenges facing the South African economy the construction and property development sectors in the Western Cape, where most of our current projects are underway, is performing well. Which means our contribution to the local economy and the communities in the area will continue,” says Stefan Sander, TOAC CEO.

“TOAC was established in 1996 and has expanded operations to include duct fabrication and maintenance in its range of services, which created new job opportunities and supported the company’s continuous growth. As the demands of property developers, building owners and ultimately the occupants of buildings change, we constantly adapt our offering with the use of innovative technologies. This delivers on-going learning and development opportunities for our team,” Sander says.

To achieve level 3 B-BBEE status the company achieved a full score for what is required for the ownership element and performs better than required in terms of procurement and supplier development. TOAC also achieved high scores for skills development and socio-economic development.

“Skills transfer is very important for the development of any company but especially important as a driver of economic growth. Beyond the jobs created at TOAC and providing continuous education and upskilling programmes for our team, our drive to use  BEE-rated suppliers for procurement has benefited several other companies and their employees,” Sander adds.

Projects currently underway include the installation of HVAC solutions at the Sable Corner commercial development in Century City, Cape Town, the Jan Mouton Learning Centre at the University of Stellenbosch and 35 Lower Long Street in the Cape Town CBD.

ISSUED BY: TWO OCEANS AIR CONDITIONING

For further information please contact:

Daleen van Wyk

Media Liaison

Tel: 083 302 0827

Email: oppobiz@gmail.com

Leave a Reply

Your email address will not be published.