Brief: Feintool: Founding "Feintool System Parts India Pvt Ltd" And New Production Site In Pune

Feintool International Holding AG

30/01/2024 05:34

Jan 30 (Reuters) - Feintool International Holding AG
 FTON.S :
    * IS FOUNDING "FEINTOOL SYSTEM PARTS INDIA PVT LTD" AND A
NEW
PRODUCTION SITE IN THE METROPOLITAN REGION OF PRUNE
    * FEINTOOL IS CONSOLIDATING ITS STRATEGIC POSITION AS AN
IMPORTANT
SUPPLIER OF HIGH-PRECISION PARTS IN ASIAN AUTOMOTIVE PRODUCTION
    * WITH AN INITIAL INVESTMENT OF CHF 15 MILLION, FEINTOOL IS
MOVING
CLOSER TO LONG-STANDING CUSTOMERS WHO ALREADY PRODUCE IN REGION
    * FEINTOOL PRODUCTION IN PUNE IS EXPECTED TO START IN SUMMER
2025

Source text for Eikon:  ID:nGNE4kht0w 
Further company coverage:  FTON.S 

 (Reporting by Berlin Newsroom)
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