SOURCE: Samco

April 23, 2008 10:48 ET

Samco Machinery Thinks Globally

TORONTO--(Marketwire - April 23, 2008) - Companies are increasingly tapping into the global marketplace to keep up with the market demands. Samco Machinery Ltd., a leader in the metal roll forming industry, recently opened a new facility in New Delhi, India, adding another property to its growing international holdings.

India remains one of the fastest growing markets in the global economy. The opening of the Samco facility was a natural next step, as prior to the opening of the new site, the company was already supplying related metal roll forming machinery, including metal roofing machines, for many goods being manufactured overseas. The company was able to further assess growth industries such as shelving & racking, steel stud & framing, purlins, and automotive and capitalize on their market demands.

Samco Machinery's latest pushpin in the international topography has also presented them with the opportunity to work closely with Tata Motors. A closer look at the Tata Motor's production line of the new Nano car reveals the Samco rollformer paired with cost effective innovations. The Nano holds the current title as "the world's cheapest car," costing around 100,000 rupees, or approximately $2,500. The relative low cost of the car leaves more money for consumers to keep up with the rising cost of gasoline around the world.

Thomas L. Friedman, Pulitzer Prize winning writer and columnist for The New York Times, often highlights the importance of understanding the "flattening" of the world as a result of globalization. It is a force that, in Friedman's words, "gives advantage to those with creativity and imagination, to knowledge workers who can utilize the flat-world platform to reach a global audience."

Joe Repovs, President of Samco Machinery Ltd., credits Friedman's bestselling book, "The World is Flat" as the catalyst for expanding into the Indian market after 36 years in the rollformer industry. Repovs asserts that Canadian businesses have to be able to produce overseas to remain competitive in the global landscape. Repovs adds, "There are 1.1 billion people in India and 1.3 billion in China. That's where the wealth is going to be created in the future. If you want to be part of that, you have to get over there."

For more detailed information about Samco Machinery roll formers, support and services visit www.Samco-Machinery.com, or call direct at 416-285-0619.

Contact Information

  • For further inquiries, contact:
    Jeremy Tucker
    416-285-0619, extension 361
    Email Contact