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The Textile Magazine
JUNE 2012
An artistic view of the new TeraSpin facility
A.T.E. setting up world class
facility for TeraSpin
spinning components
and SKF has also fully transferred
the technology used for manufac-
turing these components to TeraSp-
in. TeraSpin will thus manufacture
these components based on SKF
technology, ensuring high product
performance and durability.
TeraSpin is building a new state-
of-the-art manufacturing facility in
Ahmedabad, which is nearing com-
pletion. The manufacturing opera-
tion from SKF, Pune, is being shift-
ed to this new factory, and TeraSpin
will soon begin its full-fedged op-
erations. To ensure uninterrupted
supply of products to its existing
Targetting to build a global Indian brand
for spinning machinery components
A.T.E. has launched its new brand
TeraSpin for spinning textile ma-
chinery components that have come
within its fold with the acquisition
of SKF India’s textile machinery
components business. The product
range covers high-speed spindles,
drafting systems and top rollers for
ring frames and speed frames.
It all began a couple of years ago
when A.T.E. learnt that SKF India
was seeking divestment of its textile
machinery components operation.
There could not have been a better
opportunity for A.T.E. which was
looking forward to furthering its
manufacturing business in textile
engineering, to serve domestic as
well as international markets. The
subsequent agreement reached be-
tween SKF India and A.T.E. led to
the acquisition of SKF India’s tex-
tile components business by A.T.E.
This was considered a perfect fit
on all accounts as the years of lega-
cy built by SKF is being passed on
to a committed player in the Indian
textile engineering field with over
70 years of experience and keen to
nurture and further develop the busi-
ness.
The acquisition is now complete,