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AIC continues its expansion into the Far East with the opening of an office in Singapore.
It will enable the company to deal with the growing demand in support services for autoclaves and other composite process equipment in China, Singapore, Malaysia and Thailand. The office has a dedicated, 24/7 engineering capability and a small sales force. The team will particularly target the composites industry, as themarket in Asia is expected to contribute more than 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 in the demand 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.”