LG Balakrishnan & Bros Ltd
🌍 LG Balakrishnan & Bros Expands Globally: New Mexico Facility & Southeast Asia Exploration
- New manufacturing facility in Mexico for Transmission products, with $10M initial investment.
- Exploring plants in Vietnam/Thailand to serve Southeast Asian markets.
- LGB Steel Private Limited reported total assets of Rs.4328.66 Lakhs and net profit after tax of Rs.34.10 Lakhs for the quarter.
- Consolidated financial results include subsidiaries: LGB-USA, INC., GFM Acquisition LLC, GFM LLC, and LGB Steel Private Limited.