21 August 2012
21 August 2012
Composites service company AIC has continued its expansion into the Far East with the opening of an office in Singapore.
AIC expects the new office to enable it to deal with the growing demand in support services for autoclaves and other composite process equipment in China, Singapore, Malaysia and Thailand.
AIC says the office has a dedicated, 24/7 engineering capability and a small sales force. The team will particularly target the composites industry, as the market in Asia is expected to contribute over half of worldwide composite production by 2015, with a current estimated value of almost $25 billion.
Tony Toll, CEO of AIC, said “The Far East is continuing to see powerful growth and the requirement for autoclaves and other composite process equipment, fuelled by the aerospace composites industry and its supply chains. This provides a great opportunity for AIC to develop this market and represents a significant milestone in growth of the AIC Group.”
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