| Stanadyne moves to establish facility after signing Memorandum of Understanding with Pakistan agriculture machinery manufacturer, Millat Tractors Ltd.
Sharjah, United Arab Emirates - Wednesday, December 9th 2015 [ME NewsWire]
Stanadyne, a fuel injection system developer based in Windsor, Connecticut, today announced plans to open a facility in the UAE in spring 2016. The announcement follows the signing of a Memorandum of Understanding with Millat Tractors Ltd. that outlines a long term partnership to supply fuel injection systems. The facility will support growing sales in the region and provide technology to meet the requirements for upcoming emissions standards.
Stanadyne is a global leader in the design and manufacture of diesel and gasoline fuel systems. The company specializes in next-generation components designed to meet rigorous global emissions standards and is bringing its technology to engine manufacturers in emerging markets. Millat Tractors Ltd. is Pakistan’s market leader in agricultural tractors and machinery. In partnering with Stanadyne, the company looks to strengthen its position in Middle Eastern markets and focus on developing its next generation of tractor and genset engines.
Representing Stanadyne at the signing were Dr. John Pinson, President and Chief Technology Officer, Steve Langin, Chief Financial Officer and Sanjay Chadda, Managing Director, Near East. Representing Millat Tractor Ltd. were Sikandar M. Khan, Chairman and Majority shareholder, Bashir Rana, Sr. Executive Director, Irfan Aqueel, Chief Executive and Farogh Iqbal Ahmad, General Manager Engineering and Supply Chain.
“Expansion in this region is a strategic opportunity for Stanadyne to grow a presence in the underserved markets of this part of the world,” says Dr. John Pinson, President and Chief Technology Officer of Stanadyne. “Our regional presence will allow us to deliver key technology in coordination with our customers to address upcoming emissions regulations.”
The new facility is planned to open in April 2016 with Millat Tractors Ltd. as one of the first customers. Millat Tractors Ltd. will utilize Stanadyne’s mechanical rotary pump technology in their 50 to 85 HP (37 to 63 kW) tractor and genset models.
“We are very happy to collaborate with Stanadyne to introduce new technology into our growing market and customer base,” says Sikandar M. Khan, Chairman Millat Tractors Ltd. “Going forward, our intention is to leverage our partnership to serve our local markets and increase our export oriented business.”
Stanadyne will begin delivering pumps to Millat Tractor Ltd from their Dubai facility in May, 2016.
About Stanadyne
Stanadyne (www.stanadyne.com) is a global technology leader in engine-based fuel management solutions, specializing in the design, development and manufacture of diesel and gasoline fuel pumps and injectors for original engine manufacturers and aftermarket suppliers. Stanadyne produces innovative and highly-engineered solutions that allow its customers to differentiate their market offerings through superior quality and technology. Stanadyne designs its products and services with tomorrow’s challenges in mind and has been “Fueling Innovation” for nearly 140 years.
Headquartered in Windsor, CT, Stanadyne has worldwide manufacturing facilities in the United States, Asia and Europe.
About Millat Tractors Ltd.
Millat Tractors Ltd is Pakistan’s market leader in agricultural tractors and machinery. Millat Tractors LTD is a subsidiary of a larger corporation, Millat Group, founded in 1965, with original operations assembling tractors in Karachi. The group has since expanded into various aspects of automotive manufacturing, including high-tech automotive equipment, batteries, cells and components thereof.
Photo Caption:
Photo 1: Mr. Sikandar M. Khan, Chairman of Millat Group of Companies; Mr. S M Irfan Aqueel, Chief Executive at Millat Tractors Limited; Dr. John Pinson, President and Chief Technology Officer at Stanadyne; Mr. Steve Langin Chief Financial Officer at Stanadyne; Mr. Sanjay Chadda, Managing Director (Near East) at Stanadyne; Mr. Sohail Bashir Rana, Senior Executive Director at Millat Group of Companies; Mr. R K Misra Senior General Manager at Stanadyne and Mr. Farogh Iqbal Ahmed, General Manager at Millat Tractors Limited.
Contacts
Watermelon PR
Aisha Shaikh
Tel: +971 4 2833655
aisha@watermelonme.com
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