Incap Corporation Press Release 26 February 2015
INCAP INDIA ENTERS INTO CO-OPERATION FOR MANUFACTURING WITH AUMA INDIA
Incap Contract Manufacturing Services Pvt. Ltd. has entered into a co-operation for electronics manufacturing with AUMA India Pvt. Ltd., one of the leading manufacturers of electric actuators for valve automation in the world. Based on this association, Incap becomes a supplier of electronic assemblies to be used in AUMA's electric actuators for valve automation.
The assemblies will be manufactured at Incap's factory at Tumkur, India, and delivered to AUMA factory in Bangalore.
Murthy Munipalli, Managing Director Incap CMS Pvt. Ltd.: "AUMA's high quality electric actuators are known all over the world and we are very proud to be chosen as a manufacturing partner for their electronics requirement. We will be manufacturing different PCBAs/box-build modules for their valve actuators assembled at AUMA India. We do foresee a strong growth potential in this segment and look forward to work very closely with them in the years to come."
Mr.Arvind K Goel, Managing Director AUMA India: "We are happy and pleased to associate with Incap as our upcoming supplier for our electronics requirement like PCB assembly and box-build, to meet our requirement of Auma standards, in providing state-of-the-art indigenous products made in India by Auma India. At Incap, we appreciate particularly the quality processes followed and infrastructure built for EMS activity."
INCAP CORPORATION
Further information:
Murthy Munipalli, Managing Director of Incap India
Tel. +91 98802 31431
murthy.munipalli@incapcms.com
Ville Vuori, President and CEO, Incap Group
Tel. +358 400 369 438
ville.vuori@incap.eu
DISTRIBUTION
Major media
www.incap.fi
MORE ABOUT INCAP
Incap Corporation is an international contract manufacturer whose comprehensive services cover the entire life-cycle of electromechanical products from design and sourcing to actual manufacture and further to maintenance services. Incap's customers are leading suppliers of high-technology equipment in their own business segments, and Incap increases their competitiveness as a strategic partner. Incap has operations in Finland, Estonia, India and China. The Group's revenue in 2013 amounted to approximately EUR 37 million, and the company currently employs approximately 500 people. Incap's share has been listed on the NASDAQ OMX Helsinki Ltd since 1997. Additional information: www.incap.fi.
MORE ABOUT AUMA
AUMA India is a subsidiary of AUMA Germany, one of the leading manufacturers of electric actuators for valve automation in the world. Headquartered at Bangalore, AUMA India manufactures high performance electric actuators, master stations and controls tailored to suit specific needs of Indian customers. AUMA India uses high-end electronics for its actuator controls. AUMA India sources its inputs from world-class suppliers from India and foreign countries. AUMA India products work reliably in power plants, water & waste water treatment plants, oil & gas refineries and marketing terminals and industrial plants of all kind. Additional Information: www.auma.co.in.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Incap Oyj via Globenewswire
