Tayo Rolls

From Bharatpedia, an open encyclopedia
Tayo Rolls Limited
Traded asBSE: 504961
Founded1968
HeadquartersJamshedpur, Jharkhand, India
Key people
Anand Sen (chairman)
Om Narayan (managing director)
ProductsCast rolls, forged rolls, special castings, pig iron
ParentTata Steel
Websitewww.tayo.co.in

Tayo Rolls Limited (formerly Tata-Yodogawa Limited) is a metal fabrication and processing company headquartered in Jamshedpur, India, and a subsidiary of Tata Steel. Tayo Rolls' products are primarily cast rolls, forged rolls, special castings and pig iron.[1]

History[edit]

Tata-Yodogawa Limited was founded in 1968 as a joint venture between Tata Steel and the Japan-based Yodogawa Steels.[2]

Shares in Tata-Yodogawa were offered to the public in 1969.[2]

In September 1989, Tata-Yodogawa formed a technical alliance with the Austria-based Eisenwerk Salzauwerfen.[2]

In 1995 Tata-Yodogawa began the production of special castings for power plants.[2]

The name of the company was changed to Tayo Rolls in December 2003.[3]

In January 2010 Tayo Rolls opened a new facility for the manufacture of forgings and forged rolls, constructed at a cost of Rs 168 crore.[4]

Operations[edit]

In the fiscal year ended 31 March 2010 Tayo Rolls produced 6,516 tons of rolls, 22,604 tons of pig iron, and 16 tons of special castings.[1] The company has announced its closure. It plans to close its operation in September 2016.[needs update]

References[edit]

  1. ↑ 1.0 1.1 "Profile: Tayo Rolls Ltd (TTYO.BO)". Reuters. Retrieved 22 August 2012.
  2. ↑ 2.0 2.1 2.2 2.3 "Tayo Rolls Ltd. Company History & Profile". The Economic Times. Retrieved 22 August 2012.
  3. ↑ "Two group cos drop Tata brand name". The Economic Times. 26 December 2003. Retrieved 23 August 2012.
  4. ↑ "Tata Steel arm opens forgings unit". The Hindu. 9 January 2010. Retrieved 22 August 2012.

External links[edit]

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