Pune: SPP Pumps, a subsidiary of Kirloskar Brothers Ltd (KBL), has inaugurated its most advanced facility at Atlanta, USA. This is KBL’s seventh manufacturing facility worldwide.
With an investment of $6 million, the new plant has an installed capacity of 2,500 units annually. The latest engineering, testing and training facility in Atlanta will manufacture and assemble end suction, horizontal split case, multi-stage and vertical turbine pumps.
The new vertical turbine test facility will enhance its capability to expand in the power sector and increase the dominance in the fire market.
With the opening of the new facility, SPP Pumps’ production capacity will increase by 30 per cent and the turnover is expected to reach $ 40 million in the next three years.
John Kahren, President of SPP Pumps Inc., said: “With this new investment, we are eyeing to expand into new markets and continue our dominance in the fire pump markets. The Atlanta facility will be instrumental in achieving our projected growth for years to come.”
The new plant will strengthen SPP Pumps’ growth in the industries such as municipal, commercial, industrial, HVAC, process, power and fire pump markets.
No comments:
Post a Comment