2008-04-02 23:38:56 -
www.ashcroftinc.com - Ashcroft Nagano Keiki Holdings, Inc. ("ASHCROFT ") announces the formation of Ashcroft India Pvt. Ltd., a Joint Venture between Ashcroft and Precision Maas Products Pvt. Ltd.
Ashcroft India, located in Ahmadabad, will serve the growing India market for pressure and temperature products that is being driven by expansion in the power and petrochemical industries,
as well as general economic growth. Mr. Pankaj Patel, will run the operation as Managing Director.
"Key accounts have been clamoring for a more definite Ashcroft presence in India," said Phil Martin, Sr. Vice President Sales, Marketing & Business Development. "Ashcroft India will accelerate Ashcroft growth in the Indian market beyond what is currently possible through our previous distribution agreement with Precision."
About Ashcroft Nagano Keiki Holdings, Inc.
Ashcroft Nagano Keiki Holdings Inc. ("ASHCROFT") manufactures gauges, thermometers, switches, transducers, transmitters, calibration equipment and isolators for pressure and temperature measurement, monitoring and control. Product brands include Ashcroft(R), Heise(R), Willy(TM) and Weksler(R). As a global provider, Ashcroft Inc. maintains a network of manufacturing facilities, sales offices and distributors worldwide. Headquartered in Stratford, CT, it also has operations in Brazil, Germany, Mexico and Singapore and joint ventures in Saudi Arabia and Venezuela. The company's website can be accessed at: www.ashcroftinc.com.
Ashcroft Nagano Keiki Holdings, Inc.
For Business Inquiries:
203-378-8281
or
Media Relations:
Susan Matthews, 203-385-0624
