Georg Fischer AG
Georg Fischer opens factory in India
Georg Fischer AG / Miscellaneous 04.11.2009 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Schaffhausen, 4 November 2009, 6:00 p.m. Georg Fischer opens factory in India GF Piping Systems, a Corporate Group of Georg Fischer AG, today inaugurated its new production facility in Ratnagiri, India. The Corporation has invested several million Swiss francs in constructing this completely new factory in the port town, which is located 300 kilometres south of Mumbai. The plant, situated on a 50,000 sq. metre site, will manufacture products destined mainly for the expansion of India's natural gas network. 'With its population of 1.3 billion and huge pent-up demand for infrastructure projects, India is an important part of our growth strategy. Gas distribution is certainly a growth sector. Plans are currently underway to make piped gas available to more than 200 cities,' said Pietro Lori, Head of GF Piping Systems. The opening of the factory in India is a further milestone for GF in expanding its presence in Asia. GF Piping Systems has had a sales presence on the subcontinent for about 20 years, and the new factory will enable it to serve the market even more effectively. __________________________________________________________________________ Corporate Profile Georg Fischer - 'Adding Quality to People's Lives' Georg Fischer is focused on its three core businesses GF Piping Systems, GF Automotive and GF AgieCharmilles. Founded in 1802, the company is headquartered in Schaffhausen, Switzerland, and has over 140 locations worldwide including 50 production facilities. With some 14,000 employees, it generated annual sales of 4.5 billion Swiss francs in 2008. The Corporation makes a direct contribution to the quality of life: Comfort, mobility and precision are key market requirements that we satisfy with our products and services. You'll find further information under www.georgfischer.com. You can register for our subscription service for journalists at www.georgfischer.com/subscriptionservice. You will then automatically receive our latest Media Releases or the regular Top Stories from Georg Fischer by email. Georg Fischer AG, 8201 Schaffhausen/Switzerland Phone +41 (0) 52 631 26 74, Fax +41 (0) 52 631 28 63 __________________________________________________________________________ Daniel Bösiger Head Corporate Controlling / Investor Relations Phone +41 (0) 52 631 21 12, Fax +41 (0) 52 631 28 16 daniel.boesiger@georgfischer.com 04.11.2009 Financial News transmitted by DGAP --------------------------------------------------------------------------- Language: English Company: Georg Fischer AG Amsler-Laffon-Straße 9 CH-8201 Schaffhausen Schweiz Phone: +41 - 52 631 2112 Fax: +41 - 52 631 2816 E-mail: daniel.boesiger@georgfischer.com Internet: www.georgfischer.com ISIN: CH0001752309 WKN: 851082 Indices: SPI Listed: Foreign Exchange(s) SWX End of News DGAP News-Service ---------------------------------------------------------------------------
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