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 September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Zamakona Yards Delivers Tuna Freezer Vessel

Zamakona Yards yesterday celebrated in Getxo (Bizkaia) the delivery of the tuna freezer vessel LJUBICA, their latest construction to the owner group Jadran based in Ecuador and Panamá.

Pentair Reports 3Q 2014 Sales of $1.8 bi

Pentair plc today announced third quarter 2014 sales of $1.8 billion. Sales were up 3 percent compared to sales for the same period last year. Third quarter 2014

FortisBC Starts Expansion of Tilbury LNG Facility

FortisBC – a subsidiary of Fortis Inc. has officially started construction of its $400 million Tilbury LNG Facility expansion project today. The company is adding 1.

Offshore

Renewable Energy: Schottel Tidal Turbines Ready For Use

In the last months Schottel  successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions.

Total CEO Killed in Moscow Runway Accident

Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors.

Statoil: New Oil in the Grane Area

Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea.   Well 25/8-18 S, drilled by the rig Transocean Leader,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Pipelines Pod Propulsion Salvage Ship Repair Shipbuilding / Vessel Construction Sonar Winch
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: 0.1633 sec (6 req/sec)