Mechanical power transmission equipment major Ringfeder Power Transmission GmbH, part of the VBG Group of Germany, has set up shop in Chennai under the name Ringfeder Power Transmission India Pvt Ltd.

The company manufactures products such as friction spring application systems, damping systems, locking assemblies and heavy-duty industrial shock absorber systems that find application in steel plants, machine tool manufacturing facilities, mining equipment and power generating equipment (both conventional and renewable).

http://www.thehindubusinessline.com/2008/11/12/stories/2008111250700300.htm

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