Balu Forge Industries has acquired the Precision Machining unit of the Mercedes Benz Truck Factory from Mannheim, Germany. The acquisition will be installed in the new machining facilities of the company in Belgaum, Karnataka and will cement the company's position as a leading precision player throughout the globe.
This expansion will enable the company to produce crankshafts and other precision machined components for Original Equipment Manufacturers in the Class 7 & Class 8 Trucks & Heavy Duty Vehicle category.
Balu Forge Industries was engaged in the manufacturing of agricultural machinery such as Tractor trailers, MB ploughs, Spring Cultivators, Reversible Ploughs and Disc Harrow.
Company Name | CMP |
---|---|
BHEL | 298.95 |
Bharat Electronics | 296.10 |
Thermax | 5400.25 |
Kirloskar Oil Eng | 1244.60 |
Praj Industries | 522.10 |
View more.. |