Groundbreaking ceremony in India: Feintool celebrates construction start in Pune
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 26 2024
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Source: Yahoo Finance
New Production Site in India: Feintool International Holding AG is constructing its first production site in Pune, India, with operations expected to begin in summer 2025, enhancing its position as a supplier of high-precision automotive parts in Asia.
Investment and Environmental Impact: The company is investing CHF 15 million to reduce delivery routes and CO2 emissions while focusing on long-term customer relationships and expanding its product offerings to include components for battery and hydrogen-powered mobility.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
