Indian conglomerate Aditya Birla Group has announced its intention to establish a new manufacturing and R&D facility in Beaumont, Texas, US.
The new facility, representing an investment of $50m, aims to bolster the group’s presence in the metals and chemicals sectors. The new site will produce epoxy resins and specialty products for the industrial and consumer markets.
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The Texas site adds to the group’s new recycling and rolling plant in Alabama announced earlier in 2024. The Alabama facility, set to open in 2025, will engage in eco-friendly production. It aims to meet the surge in demand for high-precision materials.
Kumar Mangalam Birla, Aditya Birla Group chairperson said, “We look forward to investing more in the US. Going by his (Donald Trump’s) past record, he is positively inclined towards India, and he also has a good bond with PM Narendra Modi.”
At a time when foreign firms are grappling with what a second Trump presidency will mean for them, Birla emphasised his confidence as he noted the group’s US operations thrived under Trump’s previous “positive” and “pro-industry” regime.
Aditya Birla Group has invested over $15bn in US operations through subsidiaries like Novelis and Aditya Birla Chemicals.
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