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Online edition of India's National Newspaper Tuesday, July 03, 2001 |
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Sanmar Engg.'s value systems hailed
By Our Corporate Reporter
CHENNAI, JULY 2. Sanmar Engineering Corporation, which had
started as a modest enterprise in 1976, had grown into 13
companies and ten joint ventures with worldclass American
corporations, said Mr. N. Sankar, Chairman of Sanmar group, on
Sunday. He was addressing employees, their families and other
invitees on the occasion of the 25th Factory Day celebrations of
the group at Karapakkam near here.
Mr. Sankar paid tributes to the foresight of Mr. S. R. Seshadri,
former executive director, SEC, who had identified mechanical
seals as a critical equipment in the process industry for
manufacture by SEC.
The SEC Managing Director, Mr. M. N. Radhakrishnan, recalled how
Mr. Seshadri was instrumental in indentifying a succession of
related products of vital importance to the process industry and
led SEC to the world leaders in those technologies.
Mr. Mike Sandling, Executive Vice President, Strategic
Development, Xomox Corporation, spoke of his experiences of
setting up the Xomox facility at Viralimalai and expressed
satisfaction at the way the joint venture relationship had grown
into one of mutual respect and trust.
Mr. Reg Ingram, Vice President, Supply Chain Management, Tyco
International, spoke of his earlier association with Indian
business when he set up a facility at Baroda and near Chennai,
before Tyco took over the Crosby Valve business of FMC
Corporation, U. S. and decided he was the man to be involved in
the joint venture with SEC they decided to continue.
Mr. Dan Button, Vice President, Fisher Asia, said when Emerson
Electric took over the Fisher business, they directed Fisher to
go in for a partnership with Sanmar, based on their experience
with Sanmar. The group's transparency, ethics and value systems
came in for praise from all the foreign partners' representatives
who also complimented SEC's engineers and workers.
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Section : Business Previous : Nation building at a discount | |
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