The India Metal One Steel Plate Processing (IMOP), a Japanese company involved in processing steel plates, held the production plant expansion ceremony at Sri City, Andhra Pradesh, on 14 October 2019. IMOP declared the new facility inaugurated.
IMOP, which had started operations in Sri City in 2012, has been providing innovative solutions to customers.
The company had invested Rs 200 crore for setting up the existing plant spanning over an area of 23,000 sq mtr. It has now added 8,000 sq mtr of area to it of shop floor by investing Rs 80 crore. It processes steel plates and supplies processed products, such as steel frame assemblies and steel components, that are used by the OEMs of construction equipment, transport and ship building.
IMOP is a one-stop solution for all construction equipment industry without compromising on safety, quality and delivery time. The plant is accredited with ISO 9001 and ISO 14001 certifications.
At present, the plant has an annual production capacity of 24,000 tonne, and has been operating at near-full capacity meeting the market demand. Now its annual capacity will go up by 35 percent. The highly automated plant has been offering employment for 500 people, and will now provide employment to over 100 people.