Comments
Hindalco Industries has declared a lock out at its extrusion manufacturing plant at Alupuram in Kerala due to workers unrest.
“The company was forced to declare a lock due to protracted acts of indiscipline by workmen,” the company said in a statement to the BSE. The lockout will not have any adverse impact on the financial performance of the company, it added.
Hindalco Alupuram Works is situated in Ernakulam district of Kerala and has about 300 multi-skilled workforce. It was here that the country's first aluminium ingot was produced way back in 1943.
The smelter has since been shut but the Alupuram Extrusions unit, set up in 1955, currently operates at a capacity of 8,000 tonnes an annum. The plant is equipped with two extrusion presses, furnaces and heat treatment facility. It also has an advanced packing facility.
The unit's library has the widest range of shapes and alloys, offering customers architectural profiles, geometrical shapes, busbar tubes, channels, flats, heat sinks and motor, pump body, bus structurals, railway wagons, bicycle frames, knitting needles, solar panels, furniture, Maxloader: aluminium truck body, and hard alloys for defence and marine applications.
The facility has a residential colony for workmen and staff members including recreational club facilities.
The company's shares on the BSE were up 0.07 per cent at Rs 212 on Wednesday.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.