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Home arrow News arrow Business News arrow Timex Group to consider sale of its Precision Engineering Division
Timex Group to consider sale of its Precision Engineering Division Print E-mail
Written by Anand   
Thursday, 22 May 2008
MUMBAI: Timex Group India Ltd has informed that a meeting of the Board of Directors of the Company will be held on May 23, 2008, inter alia, for adoption of the Annual Account for the year ending March 31, 2008 & the Board shall also discuss and consider the issue of sale of its PED Division.

The Precision engineering division makes precision parts for automotive, medical and consumer durable industries and is ISO 9001:2000 certified by TUV Nord.

Overview - Precision Engineering Division, Timex Group India Ltd

- Solutions for mould design, manufacturing, tryout, part production and sub assemblies.
- Specialized in manufacturing of high precision injection moulds up to 300T capacity and production of injection molded parts up to 150T machine capacity.
- Qualified and experienced manpower from reputed Institutes trained abroad.
- Premium quality Tool Steels (like Stavax,Orvar Supreme,Calmax,vanadis etc) hardened through vacuum technology are used to enhance tool performance.
- Critical machines installed in dust free and controlled environ ment.
- Catering to Electrical, Switchgear, Automotive, Medical, Consumer Durables and FMCG segments in India and Abroad.

About Precision Engineering Division, Timex Group India Ltd

TIMEX established it’s state-of-the-art precision Tool room and Injection molding facility in 1992 for manufacturing of precision plastics parts to support the watch business. The Toolroom and Injection moulding facility was commercialized in the year 1998 and has been renamed as Precision Engineering Division.

By leveraging 15 years of experience, the Precision Engineering Division of Timex has established itself as one of the leading commercial Toolrooms in the country.

 
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