Sintex Industries, Ltd. Announces Growth Initiative with Merger of Their US Holdings into Sintex-Wausaukee Composites Inc. (SWC)

WAUSAUKEE, Wis.--()--Sintex Industries Ltd., a leading manufacturer of engineered composite fiberglass components announces a growth initiative with Sintex-Wausaukee Composites (SWC), a leading supplier of composite components for Original Equipment Manufacturer (OEM)’ Solutions to embrace a ‘Global Strategy’ and establishes a joined enterprise as a formidable player in the global composites markets for Fortune 500 companies. The re-branding and significant investment provides the combined resources necessary to achieve the growth and capabilities SWC requires for business expansion of OEM composite products and services on a global basis.

The growth strategy includes a ‘Design Center of Excellence’ for advanced products, techniques, and materials, a Six-Sigma ‘Global Advanced Manufacturing Initiative to provide advanced engineering and manufacturing capability at SWC and other Sintex Divisions, and a Strategic Marketing & Sales effort to meet the OEM composite solution needs of Fortune 500 Global OEM Manufacturers.

Mr. Trueman, President SWC commented; “With the global market position of Sintex Ltd., SWC will be able to leverage our OEM composite technologies for solutions required by Fortune 500 OEMs on a worldwide basis. The re-branding and significant investment provides the combined resources necessary to achieve the growth and capabilities SWC needs to meet the challenges of meeting specific customer OEM requirements. We are very pleased to expand our efforts with Sintex Ltd. and look forward to strong, multi-year growth from our joint efforts.”

Sintex-Wausaukee Composites (SWC) is a leading manufacturer of highly engineered fiber reinforced composite components for Original Equipment Manufacturer (OEM) in the Industrial and Agricultural Truck and Tractor, Mass Transit, Wind Energy, Medical Imaging, Commercial Furnishings, Therapeutic Systems, Recreation, and Corrosion-Resistant Materials Handling industries. SWC is an ISO 9001:2008 certified company offering Six-Sigma design, tooling, prototype development, product manufacture, and value-added secondary assembly and services.

Sintex Industries, Ltd. is a leading manufacturer of structural plastics and textiles, headquartered in Kalol, India. Sintex is an industry leader for a range of proprietary and OEM plastic products, including: Structural Plastics, Electrical Accessories, Water Storage Tanks, Pre-fabricated Structures, Core plastics processes, open molded composites, and compression sheet molded composites. Sintex is a public corporation traded on the Bombay stock exchange, with a market capitalization in excess of USD $620 Million.

Contacts

Sintex-Wausaukee Composites
Edward Trueman, 715-856-6321
President/CEO
etrueman@wauscomp.com