# Hunting and Jindal SAW to build $25M precision machine shop in Nashik

Hunting Energy Services and Jindal SAW announced a joint venture to build a premium OCTG threading facility in Nashik, India, with an initial investment of $20-25 million and annual capacity of 50,000 metric tonnes. The facility is expected to be operational by end of 2022.

- Type: New facility
- Announced: 2022-01-19
- Where: Nashik, Maharashtra, India
- Value: $25.0M
- Starts operating: 2022
- Status: announced
- Capacity: 50,000 metric tonnes per year
- Products: premium OCTG connections, oil country tubular goods
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Jindal SAW](https://endata.com/companies/58839.md) (partner)
- [Hunting Energy Services](https://endata.com/companies/59909.md) (partner)

## Sources

- [devdiscourse.com](https://www.devdiscourse.com/article/business/1889366-us-based-hunting-jindal-saw-to-invest-usd-25-mn-to-set-up-precision-machine-shop-in-nashik), 2022-01-19: "We are delighted to have entered this joint venture agreement with Jindal SAW Ltd, leveraging our excellent working relationship since 2019."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.