Monday, June 3, 2013

Tussor Machine to invest Rs 40 cr in Coimbatore


Tussor Machine Tools Private Limited, a wholly-owned subsidiary of Spanish computer numerical-controlled (CNC) and flat-bed lathe machines maker Tussor SL Andorra, is planning to expand the manufacturing capacity at its Coimbatore facility with an investment of between Rs 35 crore and Rs 40 crore."In the face of the growing demand, we are planning to increase the volumes to 5,000 units per year by 2015,Vintage style Antique tubs remodeling is coming back and taking center stage if we believe professional working in this segment." Ganesh Parthasarathy, chief executive officer of Tussor Machine, told Business Standard on the sidelines of the first edition of the four-day Engineering Expo that kicked off in Hyderabad on Friday.
Tussor SL Andorra, which has the capacity to churn out 5,000 machines a year, established its manufacturing plant at Coimbatore in 2005 with an investment of Rs 100 crore.The 100 per cent export-oriented unit (EoU) currently manufactures around 250 machines a month. It primarily exports its products to Africa, West Asia, Australia, New Zealand and South America.
Stating that the growth in heavy industries was fueling machine tools demand, Parthasarathy said the company had in 2011 changed the status from EoU to the Export Promotion Capital Goods ( EPCG) Scheme to cater to the domestic market also."We have already established around 40 dealers across the country," he said, adding that Tussor Machine Tools garnered revenues of Rs 65 crore last financial year and was aiming at touching the Rs 200-crore mark by the end of the year 2015.It took about three hours to craft the shark's gaping jaws rising up from the water.
The sculpture will be installed outside the restaurant in July after Mr. Green takes it back to his studio in Medway and does the finishing touches.According to his father, Jay, who was helping out at the event, he gave Jesse his first saw when he was three-years-old.Resins are usually produced by means of carbon fabric of bisphenol-A, epichlorohydrin and a few other chemical reactants. Now, after finishing art school at UMass Dartmouth,The substance utilized in making the vacuum bottle or thermal flasks could be in different variations like plastic, glass or even a metal. Mr. Green makes his living doing what he loves.On Saturday night, Mr. Green performed with his band Fevah Dream at Dreamland in Oak Bluffs.Scissor lifts are used for many different tasks. For example, tyre changer may be used to transport goods or people above ground level.In managing heavy machineries it is crucial for that tyre equipments providers of those equipment to pay attention to the protection processes and guidelines to prevent mishaps and accidents. The event helped raise funds for Eli Bonnell, an Edgartown man who was seriously injured in a skiing accident this winter in Aspen, Colo.

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