Elgi Rubber buys US machinery producer

4th May 2015 | 0 Comments

India’s Elgi Rubber Co. Ltd has acquired US retreading equipment manufacturer American Equipment Manufacturing Inc., a firm better known in the market as Cincinnati Retreading/Reclamation Systems; CRS was established in 1975 as a division of American Equipment Manufacturing. The Aztec (New Mexico) headquartered firm is primarily known for its buffing machines, which are produced in the CRS factory in Fairfield (Ohio). According to media reports, Elgi Rubber intends to further expand the facility.

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Category: Company News, International News, Retreading

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