Ambala, September 2: With the reopening of plywood factories in Ambala-Jagdhari region, thousand of factory workers, who were laid off with the closure of these factories, returned to their work.

The factories were re-opened following an assurance of lifting their manufactured plywood by a syndicate formed by the Plywood Manufacturing Association. The newly-formed syndicate will be a cooperative society, which would purchase the material at a fixed price to be marketed at profitable rates.

About 24 manufacturers have joined hands to form the syndicate with its head office and stores at New Delhi. Facing multiple problems in selling its manufactured ply board, the industry would no more remain in suspense over the disposal of their products. The syndicate would lift the entire material to sell it in the open market. It will start purchasing the ply board in the coming fortnight.

Entrepreneurs in the profession feel that they would no more be faced with the slump in market. The syndicate, it is learnt, would purchase the ply board at a higher rate of 15 per cent. Wholesale dealers, earlier, used to get supplies directly from the manufacturers.

Now, the products will go through the syndicate, Ply Board Manufacturers Association president Devinder Chawla said. However, he said if a manufacturer wants to sell his product directly in the market, he can do so with the condition that he sells it at a higher rate than the one put by the syndicate.