JBC to set up Aluminium PDC Unit
JBC based in Jamnagar, an automobile components manufacturer is planning to set t up a new green field project to manufacture aluminum pressure die-cast components for auto application. It is likely to be set up with an investment of approx Rs 250 Millions in collaboration with ASK Systems, USA.
According to the MD Mr Prafull Shah, the plant will be located near Metoda in Gujrat & wil provide employment to about 750-800 persons & plant is likely to be commissioned by 2008-09.
The company's turnover for 2006-07 was approx Rs 900 Millions with PBT of approx Rs 85 Millions. The turnover of the company is likely to be doubled by 2010 & the exports to countries like US, Italy, Japan, China is likely to contribute approx 40-45% of the business turnover.
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