|Sales Growth||Profit Growth||Expense Growth||Stock Price CAGR|
AIA Engineering, a certified ISO 9001 company, specializes in the design, development, manufacture, installation and servicing of high chromium wear, corrosion and abrasion resistant castings used in the cement, mining and thermal power generation industries. Vega Industries is a wholly owned subsidiary of AIA Engineering, exclusively supplying its products, providing customer support and technical services to customers from its offices worldwide.
The company’s philosophy is to provide customers with optimized solutions through technical evaluation of their requirements, thereby providing specifically designed solutions in ideal metallurgy for the application, plus offering process optimization services worldwide. As a result of this approach, the Group is today the leading company for Quality, Services and Innovation in its field with an enviable reputation providing Global Solutions.
Business area of the company
The company is specializes in four business zones namely:
Cement: The Group Industries has its origins in the cement manufacturing industry and its continued success in this sector has enabled it to continually develop new products that can be demonstrated to provide reduced maintenance costs and improved cost-effectiveness for customers. For Tube Mill applications, the company manufactures and supplies Grinding media, Shell liners, Diaphragms (partition wall, discharge diaphragms, drying chamber diaphragms and dopple rotator diaphragms).
Mining: The Group Industries has developed new alloys and manufacturing techniques that provide improved wear components for all types of minerals including iron, gold, lead/zinc, bauxite, copper and phosphates, etc.
Power: Processing fuel is a critical part of the cost of power generation. By designing components that significantly reduce downtime and maintenance costs, the Group is helping power plants worldwide to keep down generating costs.
Aggregate: The Group Industries has developed new alloys and manufacturing techniques that provide improved wear components for all types of minerals including iron, gold, lead/zinc, bauxite, copper and phosphates.