Elgi Equipments’ arm forms Joint Venture Company in USA
9th Jul 2021

Elgi Equipments’ Wholly Owned Subsidiary--Elgi Compressors USA Inc. has formed a Joint Venture Company in USA by name ‘Gentex Air Solutions, LLC.’ as a North Carolina Limited Liability Company, along with James Gery and Diego Hernandez.

Elgi Compressors USA Inc. has invested $95,000 in the share capital of Gentex Air Solutions, LLC. The newly formed entity will host the sales force for the Dallas, Texas area of USA with an objective of promoting ELGi’s products in that area.

Elgi Equipments is a holding company and an air compressor manufacturer. The company’s segments include Compressors, Automotive Equipments and Others.