Hercules Hoists new unit operational

Our Bureau Mumbai | Updated on October 07, 2014 Published on October 07, 2014

Hercules Hoists said the commercial operations of its new manufacturing unit at Hinjewadi in Pune has started.

The unit will take up assembling, testing, maintenance and repairs of electrical and non-electrical hoists, trolleys, cranes and other material handling equipment.

In a communication to the stock exchanges, the company said this unit will serve to partly de-risk its operations and also contribute to overall business growth.

Published on October 07, 2014
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