![Show Menu](styles/mobile-menu.png)
![Page Background](./../common/page-substrates/page0013.jpg)
11
www.read-wca.comWire & Cable ASIA – January/February 2016
Industry
news
CMI Limited, a BSE-listed speciality
cable manufacturing company, has
acquired the fully developed manu-
facturing facility of Danish company
FL Smidth at Bawal, Haryana, India.
Spread over 11,235 square yards
with built up area of 67,000ft
2
, the
facility is located in the industrial area
of IMT, Bawal, and has all the
necessary clearances and facilities
for industrial production.
CMI Ltd is investing INR 200 million
on the acquisition and setting up of
the facility at Bawal.
This investment is expected to
significantly augment the production
capacity of the company, which intends
to start production in the new facility
within this financial year.
Commenting on the developments,
Mr Amit Jain, managing director, CMI,
said: “This is a new phase in the
history of CMI. We are very bullish on
the sector and are targeting a CAGR of
40 per cent going forward for the next
three to five years.
“The acquisition is a step in that
direction and will help CMI enhance its
production capacity in order to achieve
the desired growth.”
CMI manufactures a wide variety of
speciality cables for infrastructure,
railways, and oil and refinery industries.
CMI Ltd – India
Website
:
www.cmilimited.in£2m investment in plant in Haryana, India
Furthering its reach
Clifford Welding Systems (CWS) has
appointed new representative offices
for the Middle East, Southeast Asia
and American markets.
Michael Webber, sales manager at
Clifford Welding Systems, said: “We
are excited to announce these
appointments as they afford us the
ability to offer local contact and
support to our existing and new
customers in the regions. We look
forward to introducing many new
customers to the CWS family.”
Industrial Trade Solutions (ITS) will
represent CWS in the rapidly
expanding Middle East and North
African countries.
Scott Liebenberg, owner of AWT
Machinery Inc, of Rockford, Illinois, will
represent CWS in the North America
and South American regions, where
AWT Machinery will provide machinery
sales, technical support, and spare
parts to ensure local support to
Clifford Welding Systems customers.
Jeremy Tan, head of Excelco
Equipment Pte Ltd in Singapore, will
represent CWS in the Southeast Asia
region.
Clifford Welding Systems –
South Africa
Website
:
www.cliffeng.com