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)
((berlin.newsroom@thomsonreuters.com;))