Phillips Machine Tools to open new facility in Chakan, Pune

Phillips Machine Tools, Indian subsidiary of Phillips Corporation, plans to open a new 200,000 sq ft facility in Chakan, Pune, by January 2025 to produce high-end equipment like advanced five-axis machines, EDM and grinding machines.

“This facility will enhance the production of high-end equipment, such as advanced five-axis machines, EDM and grinding machines, supporting sectors like aerospace, defence, testing and certification.”thehindubusinessline.com

• 1 source
• thehindubusinessline.comPhillips Machine Tools, a subsidiary of Phillips Corporation, aims to grow in India, expand operations, and enhance manufacturing capabilities - The HinduBusinessLineAishwarya KumarDec 4, 2024

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