Fine Organics Americas, a wholly-owned subsidiary of Fine Organic Industries (NSE:FINEORG, BOM:541557) has acquired a plot of land at Jonesville in South Carolina, United States to set up a new manufacturing unit, according to a Friday filing to the Indian stock exchanges.
The proposed manufacturing facility to help the company to boost its presence in the North, Central and South America markets., ato better serve its existing customers.
The company's shares were up 2% in recent trade.