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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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EQUIPMENT INDIA

Our vision of ‘Always Better’ goes beyond traditional thinking

23rd June 2020

With business in more than 120 countries and direct presence in 28 countries, Elgi Equipments is consolidating its presence in global market with innovative products and services. Rajesh Premchandran, Director (India, South Asia, Africa and Middle-East), Elgi Equipments, shares more on the company’s plans and the market outlook.

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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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IPF ONLINE

Elgi compressors help industries in saving significant energy: Dr Jairam Varadaraj

19th May 2020

In this interview with Rakesh Rao, Dr Jairam Varadaraj, MD, Elgi Equipments, elaborates on the dynamics of compressors market and why it is necessary for companies to recalibrate and reorient their business strategies amid COVID 19 challenge.”

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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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