JKM Ferrotech Launched
Subsequent to its acquisition of the German and Indian operations of Eisenwerk Erla last week, Dynamatic Technologies has rebranded and launched the Sanmar Ferrotech foundry in Gummudipoondi, Tamil Nadu, as JKM Ferrotech.
The new Dynamatic Technologies brand, JKM Ferrotech, was unveiled by Mr. Udayant Malhoutra, CEO & Managing Director, Dynamatic Technologies, on 13th June 2011 at a special event which was graced by Mr.Sanjiv Bhasin - CEO, DBS Bank India, Mr. B C Park - Senior General Manager - Vendor Development, Hyundai Motor India and Mr. B Natraj - Director, Sanmar Corporate.
A Greenfield foundry designed and set up by Eisenwerk Erla in 2009, JKM Ferrotech has an installed capacity of 25,000 tons per annum and supplies a wide range of engine and braking system components to customers such as Volkswagen, Sundaram Fasteners and Mando. JKM Ferrotech’s metallurgical capabilities synergises with Dynamatic’s operations in the Automotive domain and enables it to offer greater value to its customers through the integration of casting and machining capabilities.
Dynamatic Technologies Acquires German & Indian Operations of Eisenwerk Erla GmbH
Dynamatic Technologies has acquired the German and Indian operations of the German based automotive component manufacturer Eisenwerk Erla GmbH through its wholly owned subsidiary, JKM Erla Automotive Limited.
The Eisenwerk Erla site has been in business for over 630 years and has manufacturing facilities in Erla, Germany & Chennai, India, which together generate revenues in excess of Euro 100 million. The Company is a preferred supplier to leading global automotive OEMs including Audi, BMW, Borg Warner Turbo Emission Systems, Volkswagen and Daimler.
This acquisition will not only grant Dynamatic Technologies access to marquee customers in the global Automotive and Turbocharger markets but will also enhance Dynamatic Technologies’s design, development and manufacturing capabilities especially with respect to high precision, complex metallurgical products for automotive engines and turbochargers. Further, the acquisition of Eisenwerke Erla will grant Dynamatic Technologies ownership of one of the finest ferrous foundries in Europe, capable of manufacturing extremely intricate ferrous castings from difficult-to-cast materials.
Dynamatic Technologies Celebrates International Women’s Day
The Ladies Forum of Dynamatic Technologies celebrated International Women’s Day on 9th March 2011 with an exclusive interactive event with the Company’s leadership team and eminent women achievers like Ms. Lakshmi, Mid Corporate General Manager – State Bank of India, Ms. Pramilla Malhoutra, Industrialist, and Ms. Malavika Jayaram, Partner – Jayaram and Jayaram Associates. The event which was marked by discussions on women oriented topics including 'Challenges That Working Women Face' , 'Work Ethics & Etiquette' and 'How To Translate Opportunities Into Advantages', witnessed wide spread participation from the women employees of Dynamatic Technologies, drawn from different age groups, diverse backgrounds and disparate streams of business activity.
Ms. Lakshmi, Mid Corporate General Manager – State Bank of India, drew on her rich experience in the banking industry to offer valuable advice to the participants about coping with the challenges they faced at work and at home, while Ms. Pramilla Malhoutra outlined the various components of good work ethics in addition to offering guidelines on Business Etiquette and Grooming.
Ms. Malavika Jayaram who is also a member on the Board of Directors of Dynamatic Technologies, narrated incidents from her legal career, using her international experiences to highlight the opportunities that the working women of today have. "People talk about the glass ceiling." She commented during her talk, "There is a tongue in cheek quote about that. About how women, when they get to the top, not only work through the glass ceiling but, given their natural skills as homemakers and multi-taskers, keep it sparkling and clean, thereby affording people around them a clear transparent view of their excellent performance."
The session which offered the participants the opportunity to engage in lively discussions about increasing their individual effectiveness was a huge success with the women employees of Dynamatic Technologies. "The session enabled me to better understand how 'performance and 'behavior' work in breaking the barriers to success. I will be making a conscious effort to incorporate my learnings from this event when it comes to my deliverables" said Rama, General Manager Finance, whose views were echoed by other women managers at the event. "There was so much positive energy at this event…" said Asha, one of the young managers at Dynamatic Technologies, "The speakers were highly motivational and encouraging… and, we are all appreciative of the fact that our CEO and directors were present at the celebrations…"