Grace Construction Products, an operating segment of W. R. Grace & Co. (NYSE: GRA), has started manufacturing from a new facility near Delhi, India.
This site's development is part of Grace's ongoing growth strategy to invest in emerging regions. Employees at this location manufacture cement additives and concrete admixtures that are sold to cement and concrete manufacturers in Northern India.
Grace's cement additives help cement producers improve grinding efficiency and overall cement quality. The company's concrete admixtures improve the quality, strength, durability and appearance of concrete. These products help to build stronger structures in more energy efficient ways, which helps to reduce manufacturing costs.
"We continue to invest in emerging economies in order to meet our customers' needs," said Andrew Bonham, President of Grace Construction Products. "The new facility will allow us to enhance service and delivery times to our customers in Northern India." Plant Manager Ajay Kapoor stated, "Our number one priority is to provide a safe environment and safe practices at the site. We must ensure our company culture extends throughout all our facilities from safety to product quality to community outreach."
This facility is the most recent addition in a series of emerging market investments in the construction industry for Grace. The company has opened similar facilities in China, Colombia, Panama, Saudi Arabia and Vietnam since 2010. Also in 2010, Grace acquired a manufacturer of waterproofing products located in Central China and formed a construction joint venture in the Kingdom of Saudi Arabia.
The address for the new India site is: W. R. Grace & Co. (India) Pvt. Ltd, Plot No. – 90, Sector 8, IMT Manesar, Gurgaon (Haryana) 122050, India.
W. R. Grace & Co. (India) Pvt. Ltd. opened its first office in India in Bangalore in 1994. Today, Grace has three plants, six offices and one laboratory in India that collectively support customers from all of the company's product groups.