U.S. auxiliary equipment maker Conair Group Inc. and Indian firm Nu-Vu Engineering said Oct. 12 they have formed a joint venture that will begin making the American firm's loaders, conveyors and other equipment in India.
The joint venture, Nu-Vu Conair Pvt. Ltd., will make Nu-Vu's auxiliary equipment immediately, and will start making U.S.-designed Conair products later this year, said Larry Doyle, vice president, global sales and marketing for Pittsburgh-based Conair.
The 50/50 venture will be headquartered in a 43,000-square-foot building in Ahmedabad, India. Nu-Vu also makes auxiliary equipment.
Conair said in a statement that the JV will make its loaders, conveying systems, dryers, feeders and heat transfer equipment this year, and granulators and blenders ``in the near future.''
``Our goal is that the first Indian-made Conair equipment will be delivered before the end of the year,'' Doyle said. The two firms have started to exchange engineering personnel to familiarize with each other's operations.
Doyle said Conair has had a presence in India but establishing manufacturing there will boost customer support: ``Nu-Vu has manufacturing, sales, service and administration in place today, and they have the necessary experience designing and manufacturing auxiliary equipment.''
Conair said the joint venture will help it target both global plastics processors locating in India and the domestic market.
``Almost immediately we can adapt our equipment to meet the needs of local processors,'' said Conair President Chris Keller.
It's the firm's second recent Asian startup. Conair opened a manufacturing facility in Shanghai with sister firm Rapid Granulator AB earlier this year.