Hercules Hoists has shifted its manufacturing activities carried out at its manufacturing unit situated at Nighoje (Chakan), Rajgurunagar, Pune to a manufacturing unit at Wasuli, Chakan MIDC Phase-2, Pune, Maharashtra on lease rental basis.
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.
Hercules Hoists, a part of the Bajaj group, one of the India’s prime business houses was established in 1962 is a manufacturer of material-handling equipment.