IFGL Refractories updates on its US subsidiary

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Capital Market
Last Updated : Apr 07 2015 | 5:28 PM IST

El Ceramics LLC completes intital expansion of manufacturing facilities in Sharonville and Fairfield Ohio

IFGL Refractories announced that Company's US Subsidiary, El Ceramics LLC has completed initial expansion of its manufacturing facilities in Sharonville and Fairfield Ohio in December 2014. This has resulted in a capacity increase to the main line Sharonville ISO Plant from previous 85,000 pcs per annum to a new current level of 126,000 pcs per annum. Also, in Fairfield the installation of a completely new plant for the manufacture of the Clay graphite foundry stoppers with a capacity of 10,000 pcs per annum.

Total capital expenditure for the project has been partly financed through internal accruals and partly by loan from a bank.

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First Published: Apr 07 2015 | 3:57 PM IST

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