Surface Transforms PLC
20 January 2003
News Release
20 January 2003 - Embargoed until 7.00am
Surface Transforms completes first aircraft brake
manufacturing plant for aerospace partner
Aim-listed carbon ceramics specialist Surface Transforms plc has completed on
time and to budget its first order to supply a brake manufacturing plant to a
leading aerospace brake equipment provider. The order was placed in August 2002
by Surface Transforms's aircraft brake partner. The two companies are
collaborating on a programme to supply carbon ceramic brake discs for use on
large commercial aircraft.
The order is likely to be followed by a larger one from the same customer to
design, manufacture and commission a much larger capacity carbon ceramic brake
plant. Work on the new larger plant will begin after test production runs on the
current plant have been successfully completed.
Currently, the new plant is being run at Surface Transforms's manufacturing base
in Cheshire. It has been commissioned and is fully operational. Once the testing
has been fully completed, the plant will be transferred to the premises of its
aircraft brake partner.
Julio Faria, Managing Director, commented:
'We have completed this order on time and to budget, and testing of this plant
is progressing. It's a great way to start the year.'
For further information please contact:
David Levis Neil Boom
Commercial and Finance Director Managing Director
Surface Transforms plc Gresham PR Ltd.
01928 735 498 020 7404 9000
Neil Baldwin
Brewin Dolphin Securities
0113 241 0126
This information is provided by RNS
The company news service from the London Stock Exchange