Business Daily from THE HINDU group of publications Monday, Sep 01, 2008 ePaper | Mobile/PDA Version | Audio |
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Info-Tech
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Hardware States - Tamil Nadu Avalon putting up new facility Our Bureau Chennai, Aug. 31 Avalon Technologies, part of the US-based Sienna Group, a global electronic manufacturing services (EMS) company, is expanding its capacity with a new facility at the Madras Export Processing Zone. This will double its production capacity to 3,50,000 CPH (components per hour). The investment in this second phase of expansion is Rs 50 crore. It will generate 1,000 jobs , says a company press release. Avalon is also starting operations for the Indian market with the incorporation of its new company, Avalon Technologies & Services (P) Ltd with a 50,000 sq feet facility in the SIDCO Industrial Estate in Arumbakkam, Chennai. The centre will offer printed circuit board assemblies, cable assemblies, mechanical products and turnkey products The new companies will generate revenues of around Rs 250 crores over the next three years, said Mr T.P. Imbichammad, Chairman and Managing Director, Avalon Technologies. More Stories on : Hardware | Tamil Nadu
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