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Sigma announces acquisition by Argand Partners

By Niranjan Mudholkar,

Added 13 October 2016

Looks to expand our market presence and geographic footprint.

Sigma is a global leader in machined cast metal parts & assemblies. Global market segments covered include commercial electrical, retail electrical, appliances, diversified industrials, power tools, instrumentation and telecommunications.

Leading multi-national corporation customers include Emerson-Appleton, Eaton-Cooper, Legrand, Hubbell, S&C, Whirlpool, Stanley Black Decker, Siemens, ABB, Lowes and Electrolux.

Sigma has nine world class manufacturing facilities located in Pune and Jaipur, India. The company has world-class tool room, engineering and machine building facilities. Sigma continues to modernize its facilities through the addition of an increasing number of automation and robotic equipment.

Sigma global headquarters, technical center and 180,000 sq ft distribution center are located at Garner, near Raleigh, North Carolina, USA to cater to the large North American customer base.  Sigma produces castings in aluminum, aluminum-bronze, zinc, steel, iron, and copper.

Sigma is a highly successful and profitable company with sales over $150M (approximately Rs1000 crore) and 3,300 employees, including 1,500 engineers. The company is a leader in Lean manufacturing, EHS practices and green environmental initiatives. Sigma has won several awards for manufacturing excellence, innovation, supply chain and people practices.

Sigma is very proud to be a great example of the ‘Make in India' initiative. Sigma has a proud history of investing in its Indian operations, fostering engineering innovation, protecting the intellectual property of its customers, and building best-in-class manufacturing infrastructure.

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