Business Daily from THE HINDU group of publications Monday, Oct 01, 2007 ePaper |
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Corporate
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New Projects States - Maharashtra Fairfield Pressings on expansion mode Our Bureau Pune Sept. 30 Fairfield Pressings Pvt Ltd, suppliers of pressed sheet metal auto components and sub-assemblies to vehicle manufacturers, is all set on an expansion mode at Ranjangaon. The facility, which was set up in 2001 at the Maharashtra Industrial Development Corporation (MIDC), had begun its journey with a major chunk being used for supply of parts to the white goods segment. Now it is concentrating more on the automobile segment and not on the white goods, Mr V.M. Jagtap, Managing Director, Fairfield Pressing, told presspersons here. He said the company has currently an industrial land of one hectare with 60 per cent of the land as covered area. Currently, the facility is constructed in about 40,000 sq ft with a pre-engineering structure with another 10,000 sq ft to be built shortly. Press lineHe said it has laid out the large bed press line, four 400-tonne British Clearing Mechanical presses and also 250-tonne, 160-tonne, 150-tonne and 100-tonne mechanical and hydraulic presses. He said it has also procured 800-tonne and 500-tonne mechanical presses from the US and Europe for installing its second press line. The company has invested Rs 2 crore in procuring these presses. Mr Jagtap said it is also importing the 1,250-tonne, one 800-tonne and two 500-tonne press from Korea, which would complete the press work in single line flow process and would utilise robotics for automatic material transfer between the line presses. Supply pactsMr Jagtap said the company has been supplying components and sub-assemblies to Fiat India Ltd since inception for the Palio model and now would be catering to the new car model, Punto. He said the company is also in talks with Tata Motors car division. He said it is also supplying complete module for Safari and would be handling the engine components for Sumo, Vectra and the 207 family. Mr Jagtap said talks are also on with a few US-based companies to provide the latest trends in large bed sheet metal component manufacturing process with robotic welding facility to supply the complete module and have buyback arrangement for their European customers. More Stories on : New Projects | Steel | Maharashtra
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