September 07, 2008

ArcelorMittal experts visit HEC to discuss business

The Telegraph reported that experts from ArcelorMittal paid a visit to the Heavy Engineering Corporation Limited to assess the possibility of a long term partnership to manufacture equipment and spares for the steel sector. In case the deal comes through, ArcelorMittal and HEC partnership would be in a position to supply equipment and parts to steel industries both within India and abroad.

HEC officials said that two ArcelorMittal expert inspectors namely Mr Jacques Thomas and Mr G Wachowski toured all the 3 plants of HEC and held discussions with plant officials to assess HEC’s capabilities for a long term relationship. The 3 plants are heavy machine building, heavy machine tools and foundry and forge.

During the visit, the two experts evinced particular interest in forgings and foundry jobs being carried out at the plants and showed satisfaction at the various orders being executed by HEC.

An HEC official said that "Today’s visit of the two experts is a follow up of ArcelorMittal India CEO Mr Sanak Mishra and Mr Alain Bordet’s visit to the company in January 2008. The two officials had held detailed discussions with HEC CMD Mr GK Pillai, who made presentations highlighting HEC’s capabilities."

The developments come close in the wake of HEC clinching orders worth INR 2,508 crore from various SAIL plants within a span of 3 months.