Lohia Corp Limited (LCL) is pleased to announce two significant milestones that mark our expansion in the global market.
We have successfully acquired J.J. Jenkins Inc. a respected name in machine manufacturing for high-tech industries, through our US subsidiary, Leesona Corp, a 130-year-old pioneer in winding machines. This acquisition aligns perfectly with our strategic vision to expand our specialty yarns and tapes portfolio in medical and defence applications.
In addition, we have formed a strategic Joint Venture with Italy’s O.M.G.M. sas, leading to the creation of OMGM Extrusiontechnik Srl. With LCL holding the majority stake. This JV represents a significant diversification of our product portfolio, introducing solutions in Extrusion and Winding systems for a variety of technical applications.
These advancements are not just about growth; they’re about bringing cutting-edge solutions to our customers and contributing to industries that make a difference. Stay tuned for more updates as we continue to push the boundaries of technology and engineering excellence.
Mr. R K Lohia, Chairman & Managing Director of Lohia Corp Limited, expressed his enthusiasm about the new ventures “Both these new partnerships are a pivotal move that will broaden our product offerings and provide our customers with even more choices and will enhance our presence in the North America and European market, at the same time strengthen our presence in all other global markets.”
