Senior PLC Senior announces new Malaysian aerospace facility
March 13 2018 - 6:10AM
RNS Non-Regulatory
TIDMSNR
Senior PLC
13 March 2018
Senior plc announces new aerospace facility in Malaysia
Kuala Lumpur, Malaysia - Senior plc ("Senior"), an international
manufacturer of high technology components and systems, announced
today it held a ground breaking ceremony for its new Aerospace
manufacturing facility near Kuala Lumpur, Malaysia. The new
facility will complement Senior Aerospace UPECA's ("UPECA")
existing facility and will be developed by Axis Real Estate
Investment Trust in partnership with Malaysia Airports Holdings
Berhad on a build-to-lease basis.
On completion, this new 180,000 square feet facility will house
highly skilled engineering and technical employees, boast
state-of-the-art equipment and will have comprehensive special
process and non-destructive testing capabilities. The new facility
will provide increased options for Senior Aerospace's customers due
to the breadth of the new capabilities and provide capacity to
support future growth.
The establishment of this world class facility supports Senior's
strategy to enhance its cost competitive country footprint and will
complement its customers' growth expectations within the region.
The additional manufacturing capacity is being created as a direct
consequence of Senior's continued success in winning content on key
Airbus and Boeing growth platforms as evidenced by recent contract
award announcements.
Commenting on the facility, Joe Mockus, Divisional CEO of Senior
Aerospace Structures, said: "Our Senior Aerospace UPECA business in
Malaysia is already a well-established world class operation.
Senior is committed to the long-term success of our customers,
suppliers and employees in Asia. We are delighted to announce this
new investment to further enhance our capabilities in Kuala Lumpur
and specifically to support the growth associated with our new
contract wins in the large commercial aircraft market."
About Senior Aerospace UPECA
Senior Aerospace UPECA manufactures and assembles build-to-print
structural components for the civil aerospace industry. Primarily a
machining facility located in cost competitive Malaysia, it
provides complete manufacturing capability supported by extensive
in-house NADCAP approved NDT and Treatment capabilities. Further
information on Senior Aerospace UPECA may be found at:
www.seniorplc.com/about-us/our-portfolio-of-businesses/aerospace/upeca.aspx.
About Senior
Senior is an international manufacturing group with operations
in 14 countries. It is listed on the main market of the London
Stock Exchange (symbol SNR). Senior designs, manufactures and
markets high technology components and systems for the principal
original equipment producers in the worldwide aerospace, defence,
land vehicle and energy markets. Further information on Senior plc
may be found at: www.seniorplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
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