GMM opens new manufacturing facility in India

FOR IMMEDIATE RELEASE:

GMM opens new manufacturing facility in India

Jan 31, 2011

AHMEDABAD, INDIA

GMM Development Limited today announced the opening of a new manufacturing facility located in Ahmedabad, India.

The new GMM India facility includes a technical development center, full scale coatings production area, and offices for administration, sales, and finance.  This operation will produce nonstick coatings and industrial coatings for the local Indian market, as well as for the export market globally.

According to Ravin Gandhi, co-founder of GMM  "My family built this facility just before we sold CCC.  Though we enjoyed having Akzo Nobel and Whitford as tenants for a few years, today GMM is thrilled because it feels like we are coming home.  We are also very impressed with the infrastructure in India; this facility will be fantastic with meeting tight shipment schedules and housing tremendous intellectual capital for R&D."

Beyond the main facility, GMM has also purchased an additional 7 acres of adjacent land for future expansion which will commence soon.  The company expects to employ over 100 people in India within a few years.

According to Raymond Chung, co-founder of GMM, "I am happy with the opening of this facility for 2 reasons.  First, it's an honor that so many great people have rejoined GMM's Indian team.  And second, this new expansion is confirmation that GMM is a true global player and that our expansion plans are ahead of schedule."

For more information, please email communication.inquires@gmmdl.com .