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11

www.read-wca.com

Wire & 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