Hercules Hoists has shifted its manufacturing activities carried out at its manufacturing unit situated at Hinjewadi in Pune to a manufacturing unit on lease rental basis at Rajgurunagar in Pune.
The Company will continue to manufacture, assemble, test, maintain and repair material handling equipment including electrical & non-electrical hoists, trolleys, cranes etc. at the new premises and the production capacity will remain the same. The lease rental period of current manufacturing unit will expire on June 30, 2018.
Hercules Hoists is a manufacturer of material-handling equipment. The company sells their products under the brand name Indef.
