Going to Goa

Diebold Incorporated has today signed an agreement to purchase Tata Infotech's automated teller machine manufacturing plant in Goa, India.

Diebold Incorporated

, a global supplier of integrated self-service delivery systems and services, today announced that it has signed an agreement to purchase

Tata Infotech's

automated teller machine (ATM) manufacturing plant in

India

.

Located in Goa, the plant will focus on supplying ATMs for customers in India and surrounding regions in Asia.

In 2002, Diebold and Tata Infotech entered into a contract-manufacturing agreement in which Tata set up a separate facility to manufacture Diebold ATMs in India for distribution by Diebold throughout India, South Asia and Southeast Asia. The facility will be renamed Diebold Goa Manufacturing.

"We're delighted to take this important step to increase our presence and meet our business objectives in India," said Eric C. Evans, Diebold president and chief operating officer. "This plant will help advance Diebold's manufacturing capability throughout Asia and will dramatically increase our ability to meet the needs of our customers in India."

The 30,000 square-foot facility is equipped with testing facilities and production and inspection equipment to undertake prototyping and fabrication.