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COMPANY PROFILE

Original name of the company : Premier Cotton Spinning Mills


Promoted by : N. Damotharan
Incorporated in : 1962, Palakkad, Kerala
Produce : Cotton yarn
Change of name in : 1984 (Precot Mills Limited)
Present name : Precot Meridian Limited
KEY FIGURES AT A GLANCE
Four decades of spinning experience
Symbolizes: Quality, Trust and Commitment
Turnover : 90 million US dollars
Installed capacity: 2,00,000 Spindles
Rotors: 1536
Looms: 124
Precot is one of the leading textile mills in India. It produces world class yarns that
Consistently deliver value for money to customers. It proposes to venture into
Garment manufacture also in sdue course. Precot Mills limited has been
renamed as PRECOT MERIDIAN LIMITED with effect from 28th Sept,
2006. The company has also adopted a new logo. The new logo with the
theme Riding the wave of confidence contains a wave formation with the
Letters P & M embedded therein in Bright Red and Navy

Blue symbolizing the dynamism and sense of confidence that goes with those
colors.
From its inception in 1962, Precot Meridian has symbolized quality
and trust in the textile industry has four decades of spinning
experience and defined set of values and principles. Precot
Meridian is committed to its customers for Satisfaction and
fulfilling their needs, with diverse range of textile products. Turn
over around 90 million USD and a consistent history of growth,
the group is well poised to meet the textile needs.

Change in name of the Company and adoption of new LOGO


Precot Mills limited has been renamed as PRECOT MERIDIANLIMITED with
effect from 28th September 2006.The Company
has also adopted a new logo.
The name change is in tune with the transformation of the
company from a pure spinning mill into an integrated textile
player. The company apart from manufacturing cotton yarn and
polyester sewing thread has also commenced manufacture of
yarn dyed shirting fabrics. It proposes to venture into garment
manufacture also in due course. The original Logo with the cotton
flower embedded in letter P in green colour, was created in 1962,
when the company commenced operations in cotton spinning.
The new logo with the theme Riding the wave of confidence
contains a wave formation with the Letters P & M embedded
therein in Bright Red and Navy Blue symbolizing the dynamism
and sense of confidence that goes with those colors

CORPORATE PROFILE:
Corporate office is situated at Suprem P.B No: 7161737, Pulikulam Road,
Coimbatore-641 045.Corporate office deals with raw material purchase, testing,
approval and allotment to group mills. In addition to that finalization of sales
contract, approval of production-planning, policy decisions etc. are also taken at
corporate office.
A-Unit
Unit A is located at Kanjikode west, Palghat, Kerala and was established in the
year 1964.the area used is 2 Hectors surrounded by 15 Hectors of its own land.
Present Spend age of the Factory is 57600,working 24 hours in a day and 7days in
a week and Spinning Hosiery yarns, warp and weft yarns and doubled yarns counts
ranging from 30s to 100s combed and cradle varieties. All are ring spun yarns only.
B-Unit
B unit is at Kodigerahalli, H.S.Mandir, Hindupur(post),Andhra Pradesh and won
established in the year 1983.Mill is located in an area of around 5 Hectars.Present
installed capacity of the mill is 72000 spindles engaged inmanufacturing of ring
spun yarn and working 24 hours a day and 7 days a week continuously.

C-Unit is at Chandrapuram, Walayar Dam (post), Palghat (Dist.),


Kerala. Unit was established in the year 1992.Factory is build up in
an area of 9600squaremeter.Present spindlage of the unit is
24720 company produces yarn ranging between 20s Ne to 40s Ne
in both 100% Cotton Combed varieties to suit different end uses.
At present the yarn produced from the mil is being widely used for
knitting (Banians and Knitwear).

D-Unit
D-Unit is situated at Chandrapuram, Walayar Dam (post), Palghat
(Dist), Kerala and was established in the year 1995. This is
located in an area of around5.3 Hectors. Present capacity of the
factory is 1344 rollers, manufacturing yarn

ranging between 60s Ne in both 100% Cotton and Processed wastes in carded and
combed varieties to suit different end uses. At present the yarn produced from the
mill is being widely used for Industrial fabrics and bed sheets.
MIL-Unit (A & B)
MIL is an another group of companies under PRECOT MILLS group of
companies. Factory is situated at Nanjegoundenpudur, Achipatti (Post),
Pollachi.Unit was established in the year 1994.Present spindlage of the factory is
21504 and spinning yarn ranging from18s to 60s of both carded and combed.
About Precot C
1. Founder of the Group: Sri.V.N Ramachandran (Late)
Sri.N.Damodaran2. Chairman &Managing Director:
Sri.D.Sarath Chandran3. Starting of the Mill: January 924.
Total Spindles Installed: 24288 Spindles (23*1056)5. Rawmaterial: Cotton and Polyester staple fiber 6. Count of yarn
processed: 20s to 40s cotton combed knitting yarn7. End use
of products: Sportswear, Casual wears8. Raw-material used:
Raw cotton, Polyesters staples9. Exporting countries: U.K,
Germany, Israel, Mauritius, Singapore, Malaysia
andPortugal10. Number of workers in the mill: 126
permanent workers

Precot B at Glance
Precot Meridian Limited B unit was established near Kodigenahalli, Hindupur, as
Precot Mills Limited on 26 th March 1983, with an instalation capacity of 28,800
spindles which was expanded to 51,840 spindles in 1991. It is nearly 5 kms from
Hindupur. The founder of Precot Meridian was late Sri. N.Damotharan Garu.
Meridian Industries Limited has been merged with Precot Mills Limited with effect
from 01st April, 2006. Today the company covered in 50 acres area. Around the
company a lush green was developed so as to make the environment free from
pollution. The total number of employees working in the precot meridian are 1400
out of which 60 are staff, 641 are permanent, 525 casual workers and 174 are
scheme workers. The precot has symbolized Quality and Trust in the textile
industry with four decades of spinning experience and a diverse range of products
that includes cotton yarns, sewing threads, fabrics and garments; precot is the one
of the few totally integrated textile players with a total turnover of 90 million US
dollars
Company is recently awarded with PARIVATHAN SUSTAINABILITY
AWARDS 2011
for Water conservation through leadership from textile and
apparel sector.

Installed Capacity
Ring Spindles : 44160
TFO : 4464
Compact Spindles : 7680
Autoconer Drums : 1222
Doubling Spindles : Nil
Rotors : Nil
Manufacturers of
Hanks C: 2/80s
Hosiery Cone C: 40s, 50s,

Others C: W-40s, 50s, 60s, 30s, 2/30s, 2/40s (W-Weaving)


Non Cotton Cones Polyester 42s, 55s, 60s
Blended Yarn PV-45s
Yarn export to:
Taiwan, Malaysia, Italy, Korea, Turkey, Hong Kong, Philippines, Spain
Export Percentage 20
Additional Facilities Auto Leveler in Chute Feed, Carding, Draw
Frame; Contamination Sensor at Blow Room, Winding; EYC,
Splicer, Wet Splicer, Siro Clr.at Auto Coner, Ring Data, Pallot
Packing, Knitted Fabri

INFRASTRUCTURE
Precot Meridian have state-of-the-art infrastructure with advanced technology to
meet customer demands. At Precot Meridian, innovative techniques are introduced
to manufacture efficient products that meet specific customer requirements in the
fields of Spinning, Weaving and dyeing.
Spinning
Blendomat and Unifloc - latest generation, high productivity, automatic tuft
opening and feeding machine
Contamination cleaners with a charge-coupled camera reduces polypropylene, jute,
hair and colour threads
Fourth generation cards from Trutzchler GmbH, Germany individualizes the fibres
gently and separates the fine trash
Sophisticated E62 combers from Rieter for coarse and medium
counts and Lakshmi LK64 combers for fine counts

Single delivery high production Drawframes from Rieter fitted with Autolevellers
and Quality Monitors
Speed frames from LMW and RIETER incorporated with latest 3-over-3 drafting
systems ensure defect free roving packages for spinning
LR60 Ring Frames with Auto doffer and the link system is monitored by PROWIN
monitoring systems for consistent performance

Slub yarn system from CAIPO, Italy


Savio Orion, Murata 21C and Schlaforst AC X5 Autoconers integrated with Siro
clearers ensure non-contaminated yarn. Wet splicer provides defect-free Elitwist
yarn
Yarn Conditioning Equipment maintains precise moisture levels in the yarn and
ensures superior working performance
Yarn singeing machines from RITE, Italy are used to produce quality yarn
Weaving
High speed sectional warping machines from Gamatex
Sizing machine from Sucker Muller for uniform sizes and excellent performance in
loom-shed
100 Promatech Rapier looms and 24 Toyota Airjet looms produce 6,00,000 metres
of yarn-dyed woven fabrics per month
Looms that have the capacity of producing fabric with the width of 190 cm (76)
Deskloom with automatic controls and monitors accelerate sample development
Single-end Sizing machine expedites sample development and retains size in small
lots
Osthoff Singeing machine with six chambers Stenter for uniform fabric width
control
Ben-dimensa Mercerizing machine from Benninger

Sample Warper for quick yardage sample fabrics


SDL-ATLAS complete testing instrument
Dyeing
Modern Fongs vertical dyeing machines for gentle treatment of yarn during
dyeing and also to achieve the required shades without variation
Precision soft winders from SSM, Switzerland
Zero discharge-ETP (Effluent Treatment Plant) as part of the social responsibility
commitment of Precot Meridian
Data color matching system
Automatic dispensing system from SALCE, Italy

General Information
Shift Timings Precot B
Morning - 8.00 AM to 4.30 PM - I shift Evening - 4.30 PM to 1.00 AM - II shift
Morning - 1.00 AM to 8.00 AM - III Shift
Shift Timings Precot D

Morning - 8.00 AM to 4.30 PM - I ShiftEvening - 4.30 PM to 1.00 AM - II Shift


Morning - 1.00 AM to 8.00 AM - III shift
Lunch timing
I shift - 11.30 AM to1.30 PMII shift - 7.30 PM to 9.30 PMIII shift - 4.30 AM to
6.00 AM
Weekly Holiday
Sales
Domestic : Tripura, Kolkata, Mumbai, Varanasi, Delhi.
Exports : Belgium, China, Italy, Japan, Malaysia, Portugal, South Korea, Turkey
etc.
(40% domestic and 60% will be exports)

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