NEWS
New Sundram Fasteners plant for wind energy market
Chennai based Sundram Fasteners, part of the TVS Group, has announced that it will set up a plant, near Pondicherry, to manufacture special fasteners for the wind energy market.
T
he investment, expected to be worth around 23 million euros, represents a departure from the company’s focus on automotive fasteners and parts. Sundram Fasteners acquired Peiner Umformtechnik in 2005 and the technology for the new plant will be drawn from the German large diameter bolting specialist.
TATA invests in wire rod mill
TATA Steel is investing £1.2 million in new high technology equipment at its Scunthorpe wire rod rolling mill to increase quality and efficiency and to boost production of the most technically demanding steels.
A T
new testing machine will improve quality testing of cold heading quality wire and a new size and shape measuring gauge will provide operators with rapid feedback on rod dimensions during the steel rolling process. The investment will not result in increased overall production at the rod mill
but will enable TATA Steel to increase its focus on the most demanding and safety critical fastener products for the automotive industry. Both machines are expected to be commissioned in October 2011.
60 years of screws from Achilles
Achilles Seibert GmbH is starting the year of its 60 year anniversary with an expected record result.
he company was founded on 1st April 1951 by Mr. Achilles Seibert in Hamburg and
has been supplying screws and fastening elements worldwide ever since. Under the management of the Scholle family, the company has made a name for itself in the field of high-quality hexagon insert and hexagon head screws.
After the early introduction of short-time work and relevant consolidation, the company
emerged stronger from the economic crisis. In the year of its anniversary, the best result in the company’s history is expected. “That is not only a success of targeted economic policy, but specifically also the drive of all employees, who believed in the company during the difficult time.” Big anniversary
celebrations will be foregone, in order to pass on a piece of the success. In May, within the setting of a small ceremony among friends, inter alia, a cheque for 10,000 euros was presented to the “Sternenbrücke” children’s hospice in Hamburg Rissen.
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Fastener + Fixing Magazine • Issue 69 May 2011
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