Husky opens Chennai plant

 Husky Injection Molding Systems Ltd. has opened its new factory in Chennai, India, targeting both local and countries belonging to the South Asian Association for Regional Cooperation, such as Bangladesh, Pakistan and Sri Lanka. The company invested about 100 crore (1 billion rupees, or €15 million). The new facility would enable the company to provide prompt service and supply spare parts to its growing number of customers in the region. Husky, based in Bolton, Canada, said it has at least $40 million (€31 million) in business from its Indian operations and expects sales to rise since it will no longer have to import as much from its European or Chinese factories. The 60,000 sq.ft. facility will house a technical centre and focus on mould conversion, as well as mould and hot runner refurbishment for local preform manufacturers. Trial production in Chennai started in January.
 www.husky.ca
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