Skipper Limited Approves Relocation of Manufacturing Facility
October 01, 2018 at 03:15 am EDT
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Skipper Limited at its board meeting held on September 30, 2018, approved relocation of its manufacturing facility situated at Plot No -5, UPSIDC, Industrial Area, G.T Road No -- 91, Sikandrabad, Dist -- Bulandshahar- 203206, Uttar Pradesh to NH6, Madhabpur, Post: Uluberia, Howrah -- 711303, West Bengal by transfer of plant and machinery and other accessories probably within December 31, 2018. The said plant belongs to the polymer division of the company and is based on asset light model wherein the land and building has been taken on lease and the plant and machineries belong to the company. The above shifting will reduce the fixed cost without reduction in overall capacities of the division which stands at 51,000 MTPA. The company will continue to serve the northern market through dealers and distribution network supported by the sales & marketing team of the company.
Skipper Limited is an integrated transmission and distribution structure manufacturing company with angle rolling, tower, accessories and fastener manufacturing and engineering, procurement and construction (EPC) line construction. The Company operates through three segments: Engineering Products, Infrastructure Projects, and Polymer Products. The Engineering Products segment includes towers, tower accessories, fasteners, angles, channels, highmast poles, swaged poles, scaffoldings, solar power systems, railway structures, and others. The Infrastructure Projects segment includes horizontal direct drilling services and engineering, procurement & construction services. The Polymer Products segment includes polyvinyl chloride (PVC), chlorinated polyvinyl chloride (CPVC), unplasticized Polyvinyl Chloride (UPVC), soil, waste and rain (SWR) pipes and fittings, and other related products. Under the brand name Skipper, the Company manufactures a range of premium quality pipes and fittings.