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In Conversation with





                                                                Mr. Robby Shell

                                                                Chief Operating Officer,
                                                                PERMCO INC.





                                                                Permco is a leading manufacturer of high
                                                                pressure hydraulic gear and vane pumps
                                                                and motors, flow dividers, intensifiers,
                                                                and accessories. Please tell us about your
                                                                journey in the recent years. What does the
                                                                future hold for Permco?
                                                                The Perfection Machining  Company  was  founded  in
                                                                1964 to design and manufacture replacement parts for
                                                                the mining industry. Renamed Permco four years later,
                                                                the family-owned business  developed  a wide  array of
                                                                replacement hydraulic parts and eventually expanded its
                                                                manufacturing capabilities to include cast iron parts and
                                                                the resulting complete units.   Today, Permco  maintains
                                                                focus on customer service and continues  a decades-
                                                                long  tradition  of  developing  fluid  power  systems  that
                                                                meet each of their customer’s specific needs.  Permco’s
            “We are taking a                                    product  offering  now  includes gear  and  vane  pumps/
            very big initiative                                 motors,  flow  dividers,  intensifiers  and  a  variety  of
                                                                accessories and components.
            in India. We have
            chosen very good                                    2016 was a difficult year in North America. Energy and
            partners to work                                    Exploration  was off.  Agriculture  was down. It was a
                                                                challenging year. This year we have better hopes that
            with. They know the                                 the Energy Exploration market will improve as well as
            market in India. We                                 the infrastructure package throughout North America
            are now integrating                                 New products are being driven by our innovation team
            our global OEM                                      in several markets like Oil and Gas,  Construction
            customer base with                                  Equipment Market. These are going to be a key part of
            our new friends                                     our 2017 planning.
            in India so that we                                 We understand that Permco has entered
            can make maximum                                    into a long term alliance with Xuzhou
       42   use of our global                                   Construction Machinery Group, the 9th
            networking strategy.                                largest construction equipment maker in
            We are looking at                                   the world. What value does this bring to
            big things in India                                 Permco?
            and are excited                                     XCMG specializes in difficult hardworking machines like
            about the growth                                    cranes and bulldozers. Their manufacturing expertise in
            that we see coming                                  the hydraulic cylinder world is valuable to Permco in this
            in India.”                                          relationship.



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