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Aequs has further expanded the aerospace ecosystem in its Special Economic Zone (SEZ) by signing a contract with All Metal Services Ltdd (AMS), a subsidiary of Reliance Steel & Aluminum Co.
The contract is to establish a metals service centre in Belgavi (Karnataka). The centre, a 35,000-square-feet facility, will be operational in first quarter of 2017.
The facility is expected to provide various metals, including titanium, aluminium and steel, in various forms including plate, sheet and tube and related processing services for aerospace industry applications.
At present, aerospace companies source material primarily from the US and Europe for their requirements. AMS’ facility at the Aequs SEZ is planning to provide a local resource for Indian and regional customers to obtain specialty materials and processing services.
Terry Stocker, Managing Director, AMS, said: “AMS are excited to announce establishment of our new facility in India. We look forward to providing the highest quality materials and services to the important and growing Indian aerospace market.”
Aravind Melligeri, Chairman and CEO, Aequs, said: “This addition of the AMS facility at Aequs SEZ is a significant step towards increasing the in-country, value add for the aerospace industry. With this addition, we will have 21 operating units in total and over 600,000 square feet of manufacturing space with in the SEZ.”
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