In April 2011, Metal One (Mitsubishi Group) and Keiyo Blanking Kogyo Co., Ltd. came together to establish India Metal One Steel Plate Processing Private Ltd (IMOP), the first site in India for the melt cutting and processing of steel plates. The joint venture factory is located in the suburbs of Tada in Nellore district of Andhra Pradesh, in the Sri City special economic zone (SEZ).
The new venture will supply products such as melt-cut parts, secondary-processing items, and composite parts, primarily for Caterpillar Inc. and other construction machinery manufacturers. Its initial monthly processing capacity is expected to reach 2,000 tonnes.
| Outline of the New Company |
| Name: India Metal One Steel Plate Processing Private Ltd. |
| Location: 4300 Spine South, Sri City DTZ, Andhra Pradesh, India |
| Representative: Takeshi Mitsui |
| Capitalization: 1.227 billion rupees (Metal One: 60 percent; Keiyo Blanking Kogyo: 40 percent) |
| Start of operation: Scheduled for August 2012 |
| Number of employees: Approx. 200 |
| Line of business: Processing of plates for construction machinery and sales of processed products |
| Processing capacity: 2,000 tonnes per month |
|
Like this:
Like Loading...
