Caparo Forging venturing into new markets in Europe

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Press Trust of India Barlinek (Poland)
Last Updated : Sep 18 2013 | 1:36 PM IST
NRI industrialist Lord Swraj Paul-led Caparo Forging, the leading European maker of forgings and fully machined parts, is venturing into new markets like the railway industry after experiencing success in traditional sectors of automotive and oil and gas.
During a recent visit to the Caparo Forging Bomet factory here by Indian Ambassador to Poland and Lithuania Monika Kapil Mohta, Lord Paul briefed her about the positive changes in plant since Caparo took over the unit in 2007 and the group's commitment to its long term future.
Lord Paul was accompanied by Chief Executive Officer of Caparo Angad Paul.
Caparo Forging Bomet's Managing Director Daniel Momot briefed them about the company's plans for future growth.
He pointed out the company's recent achievements not only in their traditional sectors of automotive and oil & gas, but also in new markets such as the railway industry where Caparo Forging Bomet has recently experienced a number of successes with European customers.
Lord Paul led Ambassador Mohta through an extensive visit of the plant, during which she was able to get acquainted with the different processes and techniques used in the manufacture of forged and machined components.
She also had an opportunity to meet with managers and staff at all levels and discuss how the changes in the plant s business focus have helped them to develop new skills.
Caparo Forging, operating from three sites in the UK and Poland, specialises in the engineering and manufacture of high integrity forging parts for a range of industries (such as off-highway, oil and gas, power generation and marine).
In Poland, Caparo Forging operates from Barlinek, and has a range of forging presses and hammers on-site alongside modern heat treatment and machining facilities.
Caparo Forging Bomet provides a number of local, European and international customers with complete products such as valve assemblies for the marine sector; sub-systems and components for the rail transport sector; product ranges for the oil, gas and energy markets, particularly exploration; as well as components for the automotive sector, the off-highway, materials handling, agriculture and heavy truck markets.
Other visitors to the plant included Zygmunt Siarkiewicz, Mayor of Barlinek and Martin Oxley, Commercial Officer of the UKTrade and Investment (UKTI) in Poland.
Director of the UK Trade and Investment in Poland Martin Oxley, who was also present, spoke to the Ambassador about UKTI s support to the local facility, specifically in the areas of new business development and customer acquisition.
Lord Paul also visited the Association for Children's Health Bratek which cares for around a hundred disabled children from the local area. He also visited the Ambika Paul Memorial Garden which was originally opened in June 2008.
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First Published: Sep 18 2013 | 1:36 PM IST

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