Buy custom Amtek Auto Corporation Strategy
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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 699 |
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Amtek eyes acquisitions overseas where its domestic facilities can be brought in to supply components. Currently, GWK Amtek buys forgings and castings worth ?65m from the European market but Amtek has plans to shift a major part of this business to its domestic units. The company has expanded its domestic production capacity at various facilities and added a greenfield facility to meet the global demand...
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Amtek has grown its forging capacity from 84,000 tons to 164,000 tons.After its accelerated growth, Amtek is in the process of realigning all its companies under one umbrella and streamlining to improve efficiencies at the group. Recently, the company merged Amtek Siccardi and Benda Amtek into Amtek Auto by buying 100% and 96% shares in these two companies from the promoters of Amtek group...
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