Trelleborg Builds Platform for Growth in India

Press Release
Thursday, April 12, 2012
A Trelleborg facility (Photo: Trelleborg).

Trelleborg is increasing its physical presence and customer support in the Indian market with the opening of multiple new facilities in 2011 and more in 2012.

Establishing a platform for local presence and expansion across a wide variety of industries, Trelleborg now has several facilities in the region with its Trelleborg Engineered Systems, Trelleborg Automotive and Trelleborg Sealing Solutions business areas all having either a manufacturing facility or head office in the country.

“India has a vast and growing economy with an average growth of six to seven percent expected in the next three years in industrial production alone,” said Peter Nilsson, President and CEO at Trelleborg. “Therefore, the decision to increase our investment in this key area couldn’t have been an easier one, and we are pleased to announce that all of our facilities are reporting excellent sales; we have seen an 18 percent increase in sales from $61.5 million in 2010 to $72.5 million in 2011.

“These investments, including the relocation and centralization of our Trelleborg Engineered Systems operation, which works with marine systems, will enable us to get closer to the action in our chosen market sectors in India and around the world,” said Nilsson. “Through the ‘Engineering and Design Centre of Excellence’ in Ahmedabad, we can provide a complete cradle-to-grave service, which maintains quality right through the supply chain to our existing customer base. In the marine industry, for instance, we strongly believe that Trelleborg can contribute to the upcoming renewal and expansion of ports in India and globally.”
 

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

HII Acquires Engineering Solutions Division

Huntington Ingalls Industries (HII) has acquired the Engineering Solutions Division of The Columbia Group, a designer and builder of unmanned underwater vehicles

Sjo Resigns from Polarcus Board of Directors

Polarcus Limited announced that Hege Sjo will resign from its board of directors effective February 2, 2015.   Sjo has accepted an appointment as Deputy Director

Congestion is Port of Long Beach’s Toughest Issue

Slangerup’s State of the Port address outlines goals for Energy Island, smarter supply chain   In his first-ever State of the Port address, Port of Long Beach

Offshore

Sjo Resigns from Polarcus Board of Directors

Polarcus Limited announced that Hege Sjo will resign from its board of directors effective February 2, 2015.   Sjo has accepted an appointment as Deputy Director

BOEM Issues Supplemental Environmental Impact Statement

The U.S. Department of the Interior, Bureau of Ocean Energy Management (BOEM), announces the availability of the Draft Supplemental Environmental Impact Statement

Europe's Offshore Wind Capacity Growing

New capacity edges down 5 pct from record 2013; industry body forecasts stable growth over 2015/6. Europe's offshore wind capacity kept up a steady rate of growth

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Ship Electronics Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1797 sec (6 req/sec)