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Home arrow News arrow Business News arrow Lincoln Electric sets up New Welding Consumables Facility in Chennai, India
Lincoln Electric sets up New Welding Consumables Facility in Chennai, India Print E-mail
Written by Ganesh   
Tuesday, 12 May 2009
Chennai : Lincoln Electric Holdings, Inc. (Nasdaq: LECO) inaugurated a 100,000-square-foot welding consumables facility at Mahindra World City in Chennai, India, which will serve the growing market in India and markets throughout the Asia Pacific region. The USD 20 million Lincoln Chennai plant will manufacture solid welding wire used for a variety of welding applications in industry segments such as heavy equipment, metal buildings, pipeline and pipe mills, and power generation, which includes the fabrication of wind towers.

Speaking at dedication ceremonies in Chennai today, John M. Stropki, Chairman and Chief Executive Officer, said, "The new Chennai plant represents an important investment for Lincoln in the expanding market for welding products in India. Our plant will serve the growing demand from industry and large infrastructure projects that are fueling India's economic growth."

Lincoln Electric Asia Pacific President Thomas A. Flohn said, "This new facility incorporates state-of-the-art manufacturing and environmental systems and reaffirms our commitment to operational excellence and environmental preservation. It will be a highly productive and efficient plant that will meet the highest level of environmental standards."

The new campus consists of offices for the Company's new Indian Headquarters, training and welding demonstration facilities and manufacturing space. The plant currently has a manufacturing capacity of approximately 80,000 tonnes per annum.

In the second phase the plant's manufacturing capacity would be expanded to 160,000 tonnes per annum. Work on the second phase is expected to begin in two years time.

With a leading global position in the brazing and soldering alloys market, Lincoln Electric designs, develops and manufactures arc welding products, robotic arc-welding systems, plasma and oxyfuel cutting equipment. Headquartered in Cleveland, Ohio, Lincoln has 42 manufacturing locations, including operations and joint ventures in 21 countries and a worldwide network of distributors and sales offices covering more than 160 countries.

Last Updated ( Tuesday, 12 May 2009 )
 
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