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TheStreet Open House

CIRCOR India Launches New Valves Manufacturing Facility In Coimbatore

CIRCOR Flow Technologies India Private Limited (CIRCOR India), a CIRCOR International, Inc. (NYSE:CIR) company, has inaugurated its state of the art facility in Ponnandampalayam, Coimbatore. The facility will function as CIRCOR’s “Centre of Excellence” for manufacturing and engineering services, and is an important component of the Company’s strategy to penetrate key high-growth opportunities in Asia, including power generation, oil & gas and other industrial markets.

The new 60,000 sq. ft. facility includes manufacturing for Control Valves and Steam Conditioning Valves, as well as an office for global sourcing, design and applications engineering services. CIRCOR India products will be sold in the Indian market as well as exported to other international markets. The facility currently occupies 30% of the 8.75 acre plot, allowing room for future expansion as new products and services are introduced.

“India is a key strategic growth market for CIRCOR’s Flow Technologies segment,” said Wayne Robbins, Executive Vice President and Chief Operating Officer, Acting President and Chief Executive Officer. “We are excited to combine the rich heritage, products and capabilities of CIRCOR’s prior facility in Ahmedabad with our state-of-the art campus in Coimbatore. The consolidation of our manufacturing operations and shared services under one roof in Coimbatore is an important milestone for CIRCOR. We now have a much larger and more efficient operation capable of supporting our future expansion in the Asian power generation, oil & gas and other industrial markets.”

The CIRCOR India Coimbatore facility has 150 employees who are engaged in manufacturing, global supply chain and engineering services. The manufacturing facility is equipped with capability in machining, fabrication, welding, assembly and testing that are organized using Lean manufacturing principles. The facility is certified to ISO 9001:2008, OSHAS 18001:2007, and PED 97/23/EC. The supply chain and engineering services entity includes 60 engineers who provide the highest quality global shared services to CIRCOR businesses worldwide.

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