Jason Sandefur

Sundram Fasteners has a acquired 52.9% stake in Sundram Non-conventional Energy Systems (SNES), a wind power firm in India, for an unspecified sum.
During the second quarter Sundram reported sales rose 22% to 3.6 billion rupees (US$85.6 million), while net profit was cut by half, with income dropping 49.7% to 128.6 million rupees (US$3.03m).
Chennai, India-headquartered Sundram has manufacturing plants in India, Germany, the UK and China and an assembly operation in Malaysia. Web: sundram.com\ �2008 FastenerNews.com