Feintool Expands Operations with New Pune Facility Opening Soon
Feintool's New Manufacturing Site in Pune
The commencement of construction in Pune signifies a new chapter in Feintool's journey, opening opportunities in a dynamic economic landscape. The production operations at this site are projected to kick off in summer 2025.
Strategic Expansion in Asia
By establishing “Feintool System Parts India,” the company strengthens its strategic footprint as a premier supplier of high-precision automotive components within the Asian market. This initial investment of CHF 15 million brings Feintool closer to existing customers who currently operate in this region, all while optimizing their logistics to reduce CO2 emissions through shorter delivery routes.
Commitment to Long-Term Partnerships
“With our new production site in Pune, we are continuing Feintool's success story in Asia. I am particularly pleased to be building on long-term customer relationships in India and starting to produce high-precision components for the automotive sector as soon as the site is operational,” says Marcel Pernici, President of Feintool Asia.
Production of High-Precision Automotive Components
The Pune facility will specialize in producing high-precision components, notably seat adjusters, for major automotive manufacturers. Recognized as the global leader in fineblanked parts, Feintool aims to further innovate in the development of precision steel components tailored for battery and hydrogen-powered mobility, as well as renewables.
Progressive Plans for Workforce Development
The ground-breaking event in Pune aligns perfectly with Feintool's broader expansion strategies in India. Alongside the establishment of the new plant, the company is on the lookout for skilled professionals who will be trained in Feintool's advanced technologies. “I am optimistic that Feintool will operate successfully in India soon, offering our customers the exceptional value they have come to expect from us internationally,” mentions Tobias Gries, Managing Director of Feintool India.
About Feintool
Feintool stands as a global technology and market leader in electrolamination stamping, fineblanking, and forming techniques. The company specializes in manufacturing high-quality precision components in large volumes from steel, catering to the automotive sector, energy infrastructure providers, and various high-end industrial manufacturers. Feintool’s products align seamlessly with current trends in green energy initiatives including generation, storage, and effective usage.
Innovative Solutions and Market Leadership
The core technologies at Feintool offer tangible benefits such as cost efficiency, consistent quality, and enhanced productivity. They are dedicated to pushing the boundaries of their production capabilities by introducing intelligent solutions, innovative tooling, and advanced manufacturing processes that meet the evolving demands of their customers.
Global Presence and Workforce
Established in 1959 and headquartered in Switzerland, Feintool operates 18 production facilities across Europe, the USA, China, Japan, and India, employing around 3,200 professionals including 85 apprentices. Feintool is publicly traded and majority-owned by the Artemis Group.
Contact Information
Feintool International Holding AG
Industriering 8
3250 Lyss
Switzerland
Media Inquiries
Karin Labhart
Phone: +41 32 387 51 57
Mobile: +41 79 609 22 02
Email: karin.labhart@feintool.com
Website: www.feintool.com
Frequently Asked Questions
What is the purpose of the new facility in Pune?
The Pune facility aims to produce high-precision automotive components to cater to the needs of major manufacturers in the region.
When is production expected to start at the new site?
Production at the Pune facility is anticipated to begin in summer 2025.
How does this expansion benefit Feintool's logistics?
This expansion allows Feintool to reduce CO2 emissions through shorter delivery routes, optimizing their supply chain efficiency.
What types of components will Feintool produce in Pune?
Feintool will produce components such as seat adjusters targeting the automotive industry, as well as steel parts for battery and hydrogen-powered mobility.
What is Feintool's commitment to workforce development in India?
Feintool plans to recruit specialists for the new site and will provide training in their advanced production technologies.
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