US firm sets up $20-mn facility in ChennaiMay 11th, 2009 - 9:30 pm ICT by IANS
Chennai, May 11 (IANS) The US-based welding consumables product company Lincoln Electric inaugurated its $20-million plant near Chennai Monday.
The 100,000 square feet plant in Mahindra World City, a special economic zone (SEZ), has an initial production capacity of 15,000 tonnes per annum.
“The Chennai plant is an important investment for Lincoln in the expanding market for welding products in India,” Lincoln chairman and chief executive John M. Stropki told reporters while inaugurating the facility.
The new plant will manufacture solid welding wire used in industry segments like such as heavy equipment, metal buildings, pipeline and windmills.
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