MoneyWorks4Me

Sealmatic India inaugurates new manufacturing facility at Kaman-Vasai

26 Nov 2024 Evaluate

Sealmatic India has inaugurated its new state-of-the-art manufacturing facility at Kaman-Vasai, a significant leap towards enhancing the production capabilities. This new facility, spanning an impressive 25,000 sq ft, signifies a remarkable expansion, thus, this will enhance 65% of its production capacity to the existing production capacity housed at Mira Road. The company will manufacture Mechanical Seals and API Vessels, where the capacity would stand at around 1050 components per month. Capex spent for this facility is Rs 6.80 crore.

Sealmatic India is engaged in the business of designing and manufacturing of mechanical seals and associated products. Mechanical seals are mainly used in Oil & Gas, refinery, petrochemical, chemical, pharmaceutical, fertiliser, power, mining, pulp & paper, aerospace, marine and other industrial.


Peers
Company Name CMP
Bharat Heavy Elect. 427.60
Thermax 3231.40
Kirloskar Industries 3466.45
Skipper 539.95
INDO-MIM 1318.45
View more..