Business
GBP8m Contract Win and Award Win
GBP8m Contract Win and Award Win.
About this update from Avingtrans Plc
[{"type":"text","content":"\n \n1 April 2010\n\n Avingtrans plc \n\n (\"Avingtrans\") \n\n £8 million Contract Win and Award Win \n\nMetalcraft Contract Win\n\nAvingtrans (AIM:AVG), the designer, manufacturer and supplier of critical\ncomponents and associated services to the energy, medical, industrial and\nglobal aerospace sectors, is pleased to announce that its subsidiary,\nMetalcraft, has signed a contract with Cummins Generator Technology to supply\ngenerator casings across a range of products for their UK plant.\n\nThe contract, which is worth up to £8 million over a 3 year period, has enabled\nMetalcraft to make investments in a surface treatment and final finishing\nfacility which will also enhance its operational capabilities from the\nChatteris site.\n\nManufacture of the initial prototype and production units has already commenced\nsuccessfully and full volume production is on schedule to be achieved by Q3\nthis year.\n\nCrown International Award Win\n\nIn addition, Avingtrans is delighted to announce that its subsidiary, Crown\nInternational, a designer and manufacturer of leading pole and support\nfabrication units, has won First Prize in the Infrastructure Category at\nIntertraffic Amsterdam 2010.\n\nCrown International's winning `VMC' pole is a wind-up wind-down and round\ncantilever system, designed for simplified and safer maintenance of traffic\ninfrastructure, such as motorway Variable Message Signs.\n\nAwards Chairman Fred Wegman said: \"There is a good concept behind this pole, in\nterms of minimising the negative impact on road users from closing down lanes\nfor maintenance. It's a simple idea that works, is being deployed and boasts\nimpressive results for return on investment, safety and reduced disruption for\nroad users.\"\n\nCrown International was shortlisted from an initial 86 contenders from over\nnine countries.\n\nCommenting, Steve McQuillan, CEO of Avingtrans, said:\n\n\"We are delighted that Metalcraft have been selected by Cummins to provide this\nmanufacturing capability from within the UK and shows that we can compete\nrobustly in the international market with the necessary skills, knowledge and\nexperience to provide a solution which is not only cost competitive, but also\nwith the depth of process capability to deliver on both quality and volume\nrequirements.\n\n\"The new contract represents a significant order f...