Few things to know about Kam Holding company and it’s owner

There is rapid business growth in Kwara State, as Kwara State is blessed with industrious companies.

One of the industrious companies is KAM HOLDING. Nigeria’s largest independently owned nail and wire-producing company.

In this article, we will look at things you should know about Kam Holding industries and its owner

KAM HOLDING 

KAM is the only 100% indigenous steel and allied manufacturing company in Nigeria and produces a wide range of Products like Nails, Binding Wire, Wire Mesh, Roofing Sheet, and Stone Coated Roofing Tile. Our Presence is also in some other industry verticals like Mining (granite stone & stone dust), Packaging Products (woven sacks & Cartons) and Haulage Services.

The companies in the business are: KAM Industries Nigeria Limited, KAM Wire & Steel Industry Limited, KAM Steel Integrated Company Limited, Our Presence in other countries also include KAMCOM India Private Limited, Wuxi KAM Import & Export Company Limited, KAM Industry (Wuxi) Company Limited.

The company has five factories in Illorin, the capital of Kwara state, and a granite quarry just outside of the small city. Over a million bags of nails and 1.3 million tonnes of roofing sheets pour out of Kam’s factories to supply builders in Nigeria and West Africa.

Location – KAM INDUSTRIES (NIGERIA) LIMITED is located No: 5 New Yidi Road Industrial Area, Along Asa Dam Road, Kwara State Nigeria in Kwara State.

Strategic Expansion Projects – Construction and Development of 260,000 MTPA Steel Melting Shop and Rolling Mills in Jimba Oja, Ilorin – Kwara State, Nigeria is almost in the completion phase. The project is out to manufacture first-class high-quality Steel Wire Rod in Coils, TMT Bars, Sections – H-Bean, U-Channel.

Website- www.kamindustries.com.ng

KAM HOLDING OWNER

The founder and CEO of Kam Industries, a strong contender for the title of Nigeria’s largest independently owned nail and wire-producing company is Kamoru Ibitoye Yusuf

Kamoru Ibitoye Yusuf (born October 16, 1968) is a Nigerian industrialist, best known for producing steel, iron and building items. He is also the Chairman of, Manufacturers Association of Nigeria (MAN) Kwara/Kogi Branch; Chairman, Manufacturers of Basic Metal, Iron, Steel & Fabricated.

At the age of nine years, he was forced to drop out of school because of strife in his father’s polygamous home. Kam’s mother was the second of his father’s four wives, but she died in 1968 when he was just two years old, leaving him to fend for himself in a house seething with internal family politics. As a result of his experiences Kam, who is Muslim, resolved never to have multiple wives. As a child, he was curious and often dismantled electronics to examine their components. An uncle soon took him on as an apprentice. In the area where he grew up, it is common for established artisans, traders and businessmen to pick younger men from the village and train them in a trade in the city, sometimes for as long as 10 years. After an agreed period, the protégé is then sent off with a “freedom ceremony” to start a business of his own. The former master provides the seed capital.

The 53-year-old, self-taught engineer and self-made multimillionaire have, with the support of his wife, turned an N10,000 advance he received on finishing a trading apprenticeship in 1987 into a $300-million industrial conglomerate. And he has done so without political connections or even a high school education. Bolanle Yusuf attributes the rise of Kam Industries to aggressive manufacturing, hard work and good old-fashioned entrepreneurship.