MS INGOT MANUFACTURING PROJECT:
During the month of May 2004, the company successfully established 6.0 tons capacities Induction Furnace, with a production capacity of 60 tonnes of MS INGOTS per day. A standby furnace of the same capacity supports this furnace. They have established the second furnace during February 2005 supported by a second standby furnace. The capacity of the two furnaces put together is 120 tonnes per day.
ROLLING MILL PROJECT:
After the big success in establishing and running the MS INGOT project, the company ventured into establishing the ROLLING MILL, as a measure of forward integration. They initiated the steps in this direction during January 2007 and in June 2007 a rolling mill with a capacity of 42000 tonnes was commissioned successfully. The Licensed and the Installed capacity is 42000 tonnes. Commercial production of the Rolling Mills started from July 2007. This forward integration gives the company a niche to the steel market. This also gives the company an entry into the retail market and with proper channels of marketing; they are able to realize a higher margin for their products. Within a very short period after the commercial run of the rolling mill, the company has got ISO certification for the TMT rods during October 2007.
PRESENT MANAGEMENT:
The company is presently headed by Sri. T.M. Murugusan, Managing Director who is sincere, motivated with hands on approach towards all issues and leading from the front. He is ably assisted by his brother Sri. M. Varadharaju and his sister in law Smt. L.
Dhanalakshmi. Sri. M. Varadharaju has been involved in the running of the business for the past twenty years and have acquired considerable knowledge in scrap purchase, transport and general management. Smt. L. Dhanalakshmi has been inducted into the management after the sad demise of her husband Late M. Lakshmanan. She is also looking after the scraps purchase and general management. The future of the management will also be still rosy as two of the family members has completed their engineering studies in MS in the United States. Hence, succession planning is given a right consideration by the present management.
The boards of directors consist of:
Board of Directors:
Sri. T.M. Murugesan. Managing Director
Sri. M. Varadharaju, Director
Smt. L. Dhanalakshmi, Director
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