Ahmedabad-based industrial components supplier, AIA Engineering Ltd is searching for land in a Special Economic Zone to set up a 100,000 tonnes per annum (tpa) of mill internals manufacturing capacity.

The company plans to set up a mill internals manufacturing plant at a SEZ near Ahmedabad, but the land deal is still not underway.

The proposed plant is expected to involve an investment of Rs 150 crore.

AIA Engineering's principal activity is to design, develop and manufacture high chrome mill internals, abrasion and wear resistant products used in cement, mining and utility industries. The company's products are marketed and sold in United States, Europe and Middle East.

The company is also looking at augmenting its capacity to 265,000 tpa from the current 115,000 tpa by the end of calendar year 2009.

The company is already in the process of adding another 50,000 tpa manufacturing capacity which will be complete by mid-April 2008. With this, company’s total capacity will reach 165,000 tpa.

The scrip of the company slipped 1% to Rs 1432 at the close of Wednesday's trading with lower volume of traded shares on the BSE.