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Danfoss Power Solutions has begun construction of its manufacturing facility on 44 acres in Talegaon, Pune, its seventh unit in India, estimated at Rs 1,000 crore, to make pumps, motors, cylinders and valves.
Danfoss, through its Indian subsidiary Danfoss Power Solutions, has invested about €15 million in a Pune facility manufacturing mobile hydraulics products such as electronic controls, pumps, valves and motors for construction, agriculture and off-highway vehicles. The article is dated January 2020.
Danfoss Power Solutions completed its merger with UQM Technologies, a Longmont, Colorado developer of electric motors, generators and power electronic controllers. Shareholders were paid $1.71 per share, and the deal adds North American manufacturing capacity to Danfoss.
Danfoss Power Solutions signed an 11,088 sqm office and warehouse lease at Hillwood Wroclaw I BIS logistics park in Bielany Wroclawskie to expand operations at its hydraulics manufacturing site. Cushman & Wakefield represented the tenant.
