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Avalon Tech's new facility coming up in MEPZ

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Avalon Technologies, part of the Sienna Group, an electronic manufacturing services company, is expanding into a new facility at the Madras Export Processing Zone (MEPZ) at an investment of Rs 50 crore.

The proposed facility would double the company's production capacity to 350,000 CPH (components per hour) and would generate jobs for 1,000 people in Chennai, a company release said.

Avalon is also starting operations for the Indian market with the incorporation of its new company called Avalon Technologies & Services (P) Ltd. The 50,000 sft facility is located in the Sidco industrial estate here.

"The new facility is being set up to cater to the needs of the increasing demand for hi-tech manufacturing requirements primarily in the area of aerospace and aviation" said Kunhamed Bicha, CEO of Sienna Corporation.

Avalon currently offers end-to-end manufacturing solutions to leading global OEMs in the area of networking and telecommunication, automotive, industrial and medical electronics.

Its customer base includes General Electric, ABB, Wipro Technologies, Raytheon and Tyco Electronics.

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Hiranandani in race for Bangladesh's first LNG terminal

Bangladesh government has shortlisted bidders for a 5-mt LNG terminal at Moheshkhali island in the Bay of Bengal

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