ERJ staff report (DS)
Stockholm, Sweden -- Trelleborg Sealing Solutions is building a production unit in Bangalore, India. The unit is expected to be completed by late 2011 and will initially employ just over 200. The investment is expected to slightly below SEK 100 M. (Euro 10 million).
â€œThe Indian market, with its strong industrial growth, is strategically essential and it is important that we are moving more functions to our end-markets,â€ says Claus BarsÃ¸e, Business Area President for Trelleborg Sealing Solutions. â€œA few years back, we established proprietary production in India and have been very pleased with that production unit. The technology in India is on a very high level and it is relatively easy to find well-educated personnel.â€
At year-end 2009, Trelleborg Sealing Solutions had about 4,500 employees and generated sales of about SEK 4,700 M. The business area is the global leader in precision sealing solutions in such markets as industry, aviation and light vehicles.
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Press release from Trelleborg