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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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