Auxiliary equipment: AEC forms subsidiary in India

Auxiliary equipment manufacturer AEC Inc. (Schaumburg, IL) has established its own subsidiary in India. Called AEC Auxiliaries India Pvt Ltd., it is based in Pune and will be managed by Shubhendra Panse, who has been appointed regional sales manager of India. Prior to joining AEC, Panse worked for materials handling machinery manufacturer Webb India Pvt Ltd. as VP marketing. Webb India is a subsidiary of U.S.-based Jervis. B. Webb Company.