Advanex have recently opened a new factory in Chennai, Tamil Nadu. The new 27,000 sq ft factory will employ up to 80 team members.
The new factory is part of our ambitious growth plans that involves increasing production capabilities and market share across the globe. The plant is located on IndoSpace Industrial Park and benefits from being 35km from the nearest airport and 50km from the nearest port.
As a leading manufacturer, the new factory will design and manufacture precision components for a range of industries including automotive, aerospace, medical, electronics and home appliances.
Products will include:
- Extension springs
- Compression springs
- Wire forms
- Insert collars
- KATO® CoilThread®
The new factory has state of the art machinery and production lines. The team will be working to achieve relevant industry accreditations over the coming years.
Ms. Katherine Foo, Regional Managing Director for Advanex India (PVT) commented, “We are proud to be launching our new factory as part of our growth strategy. Chennai is an excellent location for us with a growing economy, highly skilled labour market and well-developed infrastructure. IndoSpace Industrial Park will give us great access to our customer base and will provide an effective distribution network across the globe. We are confident that our years of expertise in designing and manufacturing components can help us develop both new and existing markets as Advanex becomes a world leader”.
Advanex India – New Factory – IndoSpace Industrial Park