NORMA Group invests in new plant in India (26. Juni 2012, 09:38 Uhr) | Wallstreet-online .de

Article by · 2012/06/26 ·

NORMA Group AG / Key word(s): Enterprise/
NORMA Group invests in new plant in India

DGAP-Media / 26.06.2012 / 09:38

NORMA Group invests in new plant in India

Maintal, Germany, 26 June 2012 – NORMA Group AG (´NORMA Group´), a global
market and technology leader in engineered joining technology, is building
a new production facility in Talegaon near Pune, India. In India, the
company is represented since 2009. With the new plant, NORMA Group is
enhancing its production capacity to keep pace with the increased demand of
the Indian market for connectors and joining elements. Production is
expected to start in August 2012.

Due to tighter emission standards for the automotive industry and other
sectors, the demand for NORMA Group´s engineered joining technology is
growing consistently. These standards also apply increasingly to the Indian
market, which offers considerable growth potential. The new 4,500 m² plant
will increase NORMA Group´s production capacity fivefold. (…)

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