Elgi Equipments’ wholly owned subsidiary -- Elgi Compressors USA Inc, (ELGi USA) has formed a Joint Venture Company by name G3 Compressors, LLC, a North Carolina Liability Company with 50% ownership along with Chad Gooding, Joint Venture partner, who will also be the Manager of G3 Compressors, LLC, holding 50% ownership.
Elgi Equipments is a holding company and an air compressor manufacturer. The company’s segments include Compressors, Automotive Equipments and Others.