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CG inaugurates new plant in US
A Business Correspondent
Wednesday, July 21, 2010, 12:30 Hrs  [IST]

Untitled4.jpgCrompton Greaves Ltd, a part of the $4-billion Avantha Group, announced the completion of its new transformer manufacturing facility in Washington, Missouri, USA, through its subsidiary CG Power Systems USA, Inc.

The facility was inaugurated in the presence of David Kerr, Director, Missouri Department of Economic Development; Trey Davis, Vice President of Governmental Affairs, Missouri Chamber of Commerce; Sandy Lucy, Mayor, City of Washington; and Gautam Thapar, Chairman & CEO, Avantha Group.

Set up with an initial investment of $20 million, this high-tech facility is expected to generate close to 150 new jobs over the next three years.

Gautam Thapar, Chairman & CEO, Avantha Group, said in a release, "This strategic investment will enhance CG's product portfolio globally and aggressively build up on the Group's growth plans."

The release also quoted S.M. Trehan, Managing Director, Crompton Greaves Ltd, as saying, "We believe that this investment will help CG gain significant consolidation in the engineering, procurement and maintenance segment. This new plant will help us gain access to new markets. More importantly, it will help generate employment for the local people."

CG supplies the full scope of power transformers from 5 MVA through 750 MVA. This expansion signifies another important step for CG Power Systems USA, Inc. in their quest to become a total solutions provider in the industry, a statement by CG said.

CG Power Systems USA, Inc. is a leading North American manufacturer of three phase distribution and small power transformers through 14 MVA 69 kV, 350 BIL. The new plant allows the company to offer to their utility and industrial customers, in the Americas region, medium power transformers through 60 MVA 138 kV, 750 BIL. CG Power Systems USA represents the erstwhile Pauwels of USA that was taken over by CG in 2005.

Centre for Intelligent Power
Crompton Greaves and the College of Nanoscale Science & Engineering of the University at Albany, USA, have announced a partnership to establish a worldclass centre at CNSE's Albany NanoTech Complex that will enable nanotechnology innovations for smart grid solutions, creating over 100 high-tech jobs in New York, and fuelling development and use of clean and renewable energy technologies.

The $20 million CG Center for Intelligent Power will spur new opportunities for advanced research and development, prototyping, and education and workforce training to facilitate clean energy and smart grid technologies, a statement by CG said.
 
                 
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