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DEVDISCOURSE

Elgi aims to become 2nd largest air compressor-maker in world

11th November 2019

City-based Elgi Equipments is aiming to become the second largest air compressor manufacturers in the world with a turnover of USD 1.6 billion by 2027, a top executive of the company said. The company was now the first globally established industrial air compressor manufacturer to be awarded the Deming Prize for excellence in total quality management (TQM), its managing director Jairam Varadharaj told reporters on Sunday.

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THE HINDU

Elgi acquires Michigan Air Solutions

17th December 2019

Elgi Compressors USA, a subsidiary of Elgi Equipments, has acquired Michigan Air Solutions in a move to expand its presence in the U.S. According to Jairam Varadaraj, MD of Elgi Equipments, this is an important step for the company to strengthen its position as a leading player in the global compressed air industry. The cost of acquisition is estimated to be approximately $6 million.

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YAHOO NEWS

Elgi aims to become 2nd largest air compressor-maker in world

11th November 2019

Elgi aims to become 2nd largest air compressor-maker in world Coimbatore, Nov 11 (PTI) City-based Elgi Equipments isaiming to become the second largest air compressormanufacturers in the world with a turnover of USD 1.6 billionby 2027, a top executive of the company said.

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THE TIMES OF INDIA

Elgi acquires Michigan Air Solutions

17th December 2019

Elgi Compressors USA, Inc, a subsidiary of Coimbatore-headquartered Elgi Equipments Limited, a global supplier of compressed air solutions, on Tuesday announced its acquisition of Michigan Air Solutions, one of the largest independent air compressor distributors in Michigan, marking an important step that Elgi has taken to expand its presence in the US. The financial contours of the transaction were not divulged.

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BUSINESS STANDARD

Elgi aims to become 2nd largest air compressor-maker in world

11th November 2019

City-based Elgi Equipments is aiming to become the second largest air compressor manufacturers in the world with a turnover of USD 1.6 billion by 2027, a top executive of the company said.

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BUSINESSLINE

Elgi Compressors acquires US-based Michigan Air

17th December 2019

Elgi Compressors USA, Inc, a subsidiary of Coimbatore-headquartered air compressor manufacturing major Elgi Equipments, has acquired Michigan Air Solutions, an independent distributor of air compressors in Michigan.

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THE HINDU

Deming prize for Elgi Equipments

09th November 2019

Air compressor manufacturer Elgi Equipments has won the Deming Prize for excellence in Total Quality Management.

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DT NEXT

Elgi buys US compressor distributor for Rs 42 cr

18th December 2019

Continuing its strategy of gaining in overseas market by acquiring distributors, Coimbatore-based compressor maker Elgi Equipments Ltd has bought Michigan Air Solutions (MAS) in the US for about Rs 42 cr ($6 mn), said a top official.

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UPDATE NEWS 360

கோவையை சேர்ந்த எல்.ஜி நிறுவனத்திற்கு ஜப்பானின் உயரிய விருது…!

09th November 2019

கோவை: கோவையை சேர்ந்த எல்ஜி எக்யூப்மென்ட்ஸ் நிறுவனத்திற்கு ஜப்பானின் உயரிய ‘டேமிங் 2019’ விருது வழங்கப்பட்டுள்ளது.

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THE ECONOMIC TIMES

ELGi Equipments acquires Michigan Air Solutions

17th December 2019

ELGi Compressors USA, Inc., a subsidiary of Elgi Equipments Limited, a global supplier of compressed air solutions, announced its acquisition of Michigan Air Solutions, one of the largest independent air compressor distributors in Michigan on Tuesday.

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