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BRIEF-Sundaram Clayton to set up manufacturing facility in US
February 9, 2017 / 1:07 PM / 10 months ago

BRIEF-Sundaram Clayton to set up manufacturing facility in US

Feb 9 (Reuters) - Sundaram Clayton Ltd

* Says to invest INR 4 billion in India

* Says co’s facility in US in South Carolina’s Dorchester county

* Says to set up manufacturing facility in US

* Says plans to increase facilty to 70,000 MT

* Says serial production in US facility set to start by end of 2018

* Says to invest $50 million to create 10000 MT capacity over 5 years Source text - (bit.ly/2kWsk8y) Further company coverage:

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