Home  »  Company  »  Mangalam Timber Products Ltd.  »  Quotes  »  Company History
Enter the first few characters of Company and click 'Go'

Mangalam Timber Products Ltd. Company History and Annual Growth Details

- The Company was incorporated on 27th August, 1982 in Cuttack.

- The Registered Office and works is situated at Kusumi, Nowrangpur, Dist.Koraput,Orissa.

- The Company manufactures medium density fibre (MDF) boards.

- The Company was promoted by Zenith Distributors and Agents ltd., in association with the Industrial Promotion and Investment Corporation of Orissa Ltd. (IPICOL) , Century Spinning and Manufacturing Co.Ltd., Kesoram Industries & Cotton Mills Ltd., and KICM Investment Ltd., also agreed to participate in the venture as principal investors and co-promotors.

- The Company entered into an agreement with G.Siempelkamp GmbH & Co. (SGC) mainly for supply of imported plant and equipment with complete technical information and other date relating to the manufacture of MDF boards.

- Celotex Corporation of U.S.A. exchanged a letter of understanding with SGC wherein they have assured to assist SGC with technology and know-how in planning and supply of MDF plant for the Company's project and transfer new developments in the field of MDF technology to SGC and the Company for a period of 5 years beyond completion and erection of the Company's plant. The quality of the Company's product was guaranteed to conform to American National Standard', for MDF board for interior use.

- The Company's product, MDF board, is the finest product of its kind to be manufactured in India. It is used for a variety of interior and exterior applications, in house building as also in furniture making. MDF is regarded as the best substitute for plywood and solid wood.

- In November 1987, the plant commenced production and the products were launched under the brand name 'Duratuff'.

2002

-G S Gupta appointed as Managing Director of Mangalam Timber Products.

2007


-Timber Products Ltd has appointed Shri. S Ray as the Managing Director of the Company at the meeting of the Board of Directors of the Company held on January 19, 2007.
 
Subscribe now to get personal finance updates in your inbox!