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Elgi Equipments’ arm forms Joint Venture Company

16 Oct 2020 Evaluate

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.

Peers
Company Name CMP
Kirloskar Brothers 1772.00
Elgi Equipments 602.95
Shakti Pumps (India) 466.85
KSB 817.95
Oswal Pumps 275.15
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