Business
Formation of New Company
Formation of New Company.

About this update from James Fisher And Sons Plc
[{"type":"text","content":"\n Fisher (James) & Sons PLC\n06 November 2006\n\nFor release 06 November 2006\n\n\n\n James Fisher & Sons Plc\n\n ('James Fisher' or 'the Company')\n\n\n Formation of James Fisher Inspection & Measurement Services\n\n\n\n\nJames Fisher (FSJ.L), the marine services provider, announces the formation of a\nnew company, called James Fisher Inspection & Measurement Services (JFIMS), to\nprovide inspection and measurement services to the nuclear, defence and offshore\nsectors and has appointed Dr Paul Read as its managing director, who joins from\nBritish Nuclear Group, where he was managing director of its instrumentation\nsubsidiary, with extensive experience in the field of measurement and\ncharacterisation technologies.\n\n\nJFIMS, which will be based in Manchester and near Sellafield, is also\nestablishing partnerships with key product manufacturers and is pleased to\nannounce a strategic partnership with VJ Technologies Inc, a New York based\nmarket leader in the provision of safe, state-of-the art inspection systems and\nprovision of X-Ray characterisation equipment for a broad range of applications\nand demanding operating environments.\n\n\nJFIMS will provide a broad measurement and inspection capability based on a wide\nrange of technologies, including optical, acoustic and X-Ray. The new company\nwill operate alongside James Fisher Nuclear and James Fisher Defence to enhance\nthe services offered to these key sectors.\n\n\nTim Harris, Chairman, James Fisher said:\n\n\n'We see JFIMS as an important development in providing quality services to our\ncustomers in the nuclear, defence and offshore sectors, and are delighted to\nbring on board someone of Paul's experience and stature within the industry. He\nhas a proven track record of fulfilling customer needs in regulatory and quality\ndriven markets leading to very rapid and sustained profitable business growth.\nJFIMS is already forming partnerships with key product manufacturers.'\n\n\nVijay Alreja, Director, VJ Technologies, said:\n\n\n'James Fisher is a key component of VJT's European business plan and the\nCompany's commitment to the UK customer base, coverage and complimentary\ncapabilities make it an ideal partner to deliver our product to market and\nprovide lifetime support and operations personnel.'\n\n\nPaul Read said:\n\n\n'Changes in the nuclear ...