Home / Knowledge / News / Textiles / Hollingsworth & Vose forms JV with Nath Group
Hollingsworth & Vose forms JV with Nath Group
22
Feb '11
Hollingsworth & Vose Co announces the formation of a joint venture with Nath Group and plans to establish a manufacturing capability in India. The plan includes construction of a new mill near Aurangabad, Maharashtra. The investment will be financed by both companies, with H&V being the majority owner and managing partner. Warehousing facilities will also be established during the planning and construction period to better serve customers currently importing H&V products. The new mill will be capable of producing the highest standards of water and solvent based engine filter media, as well as selected products for HVAC filtration and battery separator applications.

Commenting on the expansion plans, H&V CEO Val Hollingsworth said "H&V has been active building our relationships and presence in India for many years. We are pleased to be taking this next step forward to better serve our customers in India and the surrounding region. Our vice president of international business development, Juergen Binzer, and I evaluated a number of options for expanding into India and we are delighted to be joining with Nath."

"Like H&V, Nath is a family owned professionally managed company with a long term view and a commitment to technology. This investment, like our investments in China is part of our strategy to serve our customers globally." Nath Chairman Nandkishor Kagliwal, added "We look forward to close collaboration with H&V as we work together to build this company."

H&V's vice president and general manager of its engine and industrial filtration business, David von Loesecke, commented "The demand in India for high quality engine and industrial filtration products is significant and growing. We have already created a successful base business of imported products with customers in India. We are pleased to be able to soon offer locally produced products incorporating our latest technology for our customers."

Established in 1843, Hollingsworth & Vose Company is a global leader in the supply of technically advanced engine, high efficiency and liquid filtration media, battery separator materials and industrial nonwovens. The company operates manufacturing sites and research centers in the Americas, Europe and Asia.

Hollingsworth & Vose


Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search