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Lohia Corp Expands Global Footprint With Acquisition Of J.J. Jenkins Inc And Strategic Joint Venture With OMGM

Ginu Joseph by Ginu Joseph
September 2, 2024
in Features & Insights, PRESS RELEASE
Lohia Corp Expands Global Footprint With Acquisition Of J.J. Jenkins Inc And Strategic Joint Venture With OMGM
👁️ Post Views: 126,990

LOHIA CORP EXPANDS GLOBAL FOOTPRINT WITH ACQUISITION OF J.J. JENKINS INC AND STRATEGIC JOINT VENTURE WITH OMGM

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.”

LOHIA CORP EXPANDS GLOBAL FOOTPRINT
LOHIA CORP EXPANDS GLOBAL FOOTPRINT

About Lohia Corp Limited

Lohia Corp Limited (LCL) stands as a testament to the power of innovation and commitment to excellence. As the flagship company of the Lohia Group, LCL has established itself as a global leader in providing comprehensive solutions for the raffia industry. With an impressive installation base of over 2,250 extrusion lines and 95,000 Circular Looms across more than 100 countries, LCL’s influence in the plastic woven fabric and bag sector is unparalleled. The company’s dedication to quality and efficiency has resulted in an astounding plastic processing capacity of 7.7 million metric tons per annum of PP & PE.

LCL’s products, ranging from packaging systems for solid bulk materials to roof underlays and tarpaulins, are not just industrial applications; they are the building blocks of industries worldwide. The company’s commitment to sustainability and innovation is the driving force that makes it the world’s largest producer of machines for the raffia sector. As we look to the future, LCL’s legacy of excellence is more than just a benchmark; it is a continuous journey towards pushing the boundaries of possibility.

About J. J. Jenkins, Inc

J. Jenkins Inc. is a very respected name based out of North Carolina, USA. They remain at the forefront of the synthetic fiber and monofilament industries. Their unwavering commitment to innovation, quality, and customer satisfaction has not only set industry standards but also fostered enduring partnerships with Fortune 500 companies including some in the medical and defence industries.

Their holistic approach, combining state-of-the-art technology with unparalleled after-sales support, exemplifies their dedication to client success. With a vast inventory ensuring rapid response times, J. J. Jenkins, Inc. is synonymous with reliability and efficiency.

About OMGM sas

Since 1965, OMGM sas is a distinguished Italian leader and has been at the forefront of the plastic processing industry, pioneering in Monofilament Extrusion, straps, ropes and various other niche applications. Their commitment to excellence is evident in their advanced technologies and versatile extrusion lines, handling a variety of materials for diverse industries.

As we look ahead, it’s clear that OMGM Extrusiontechnik Srl will continue to lead and transform the industry with their precision, innovation, and bespoke solutions. They are more than a company; they are a trusted partner in progress.

 

Visit: www.lohiagroup.com

#modernplasticsindia #modernplasticsasia #plasticsislife #plasticstalk #modernplastics #modernplasticsworld #plasticsnews #plasticsisgood #plasticsplanet #plasticsrecycling

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