Langkawi, 3 December 2009: Composites Technology Research Malaysia Sdn Bhd (CTRM) signed an agreement with Aerotech Design Consultants Ltd. UK and MIGHT to set up a Joint Venture (JV) company, Aerotech Design Malaysia Sdn Bhd. The new JV Company will be providing total engineering solutions to Aerospace and Non-Aerospace industry.
According to Datuk Rosdi Mahmud, Chief Executive Officer, CTRM, the focus of this JV will be the provision of a total engineering solutions, which will cover tooling, engineering design, stress analysis, manufacturing engineering, modification, repair
and services of composites in manufacturing sector.†
He adds that this could lead to a potential spin-off service such as reverse engineering and metrology, which will be of interest to MRO organisations.
These companies have their strengths and advantages, which will complement each other. For CTRM, it needs a strong and reliable engineering company within its group of companies to support its current business activities, not only in aero structures, but also in other business sectors. The existence of the new JV Company will support other subsidiariesí need in engineering solutions to fulfil the current demands and for future growth.