_____________________________________________________________________________________________________ Opta
Group
▲ Opta Group has sales offices , production , and distribution facilities in eleven countries spanning North America , South America , Europe and Asia
months . “ Essentially , we want to offer a metallurgical solution for every step of the iron or steel making process . We look for companies that complement our existing product lines , add products we didn ’ t offer before , and enhance our technological capabilities . One of our recent acquisitions served as a springboard for launching onsite equipment , real-time process feedback , and monitoring services within our customers ’ production processes . Two other recent acquisitions expanded our portfolio and strengthened our sustainability initiatives by increasing our use of non-virgin materials . We have our targets set on at least two , perhaps three more acquisitions by the end of this year , which would take us to over 850 employees .”
Opta ’ s acquisition criteria also include a shared commitment to innovation , sustainability , and customer service . “ We ensure they fit into our culture , which is one of continuous improvement , always striving to do better , as well as a total dedication to safety and quality ,” notes Mike .
Global expansion
While acquisition remains a vital element of Opta ’ s expansion strategy , it isn ’ t
the only approach . The organization is currently constructing a new facility in India , located near the bigger steel making regions of the country . “ A onemillion-dollar , state-of-the-art cored wire production line is scheduled to commence operations near Raipur , Chhattisgarh , during the third quarter of this year ,” Mike reveals . “ This will further increase our global footprint , as well as meet the rising demands in the region and boost our production capabilities , so we can provide tailored metallurgical solutions to support the local market . We are also looking at some additional facilities in India as we see it as a region with growing demand .”
Opta is exploring additional facilities in other growth regions . While not able to divulge specifics , Mike hints at locations : “ Establishing a presence in the Middle East and southern US could enhance operational efficiency , customer reach , and strategic positioning ,” he says . “ We are also currently vetting locations
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