Normet's Board of Directors has given a nod for the investment proposal for a new and expanded multi-purpose facility in India.

Kari Hamalainen, Senior Vice President, Head of Equipment Business Line says, "The equipment manufacturing site will be a major hub for the new modular multi-application product offering for logistics and personnel transportation. The site will also be a second global hub for the Equipment Business Line R&D supporting many engineering disciplines. We anticipate significant demand for our new equipment offering and this new facility will play a key role in fulfilling that demand. India is an optimal location for a manufacturing and R&D operations facility serving global markets."

Furthermore, Kari says that the new facility would accommodate, R&D, service operations, equipment manufacturing, training and digitalization functions. However, this investment would be an exhilarating opportunity for us who would aid in supporting our strategic growth and customer support ambitions.

Riku Helander, Senior Vice President, Head of Services Business Line. States, "For the Services Business Line, the site will be an important location supporting both local and global customers. The site will play a leading role in the development of Service's training offering and be a center of excellence for process expertise and digitalization. We have a significant Normet fleet operating in India and optimizing all aspects through the equipment life cycle for our customers is critical for us. This facility will enable us to provide all the necessary lifecycle support more effectively and efficiently.''

The new facility would function to Normet's global standards and would assist additional global demand, supplementing our existing manufacturing and services locations in Finland and other regions of the World.