PETALING JAYA: Sapura Industrial Bhd has signed a memorandum of understanding with Wada Aircraft Technology Co Ltd and Aero Inc to form a joint-venture company for the manufacture and assembly of aerospace components, tooling, jigs and fixtures.

The joint-venture company (JV-co) will cater to the aerospace industry in Malaysia and will synergistically combine the experience, expertise, resources, customer reach and deliverability of the three companies.

Sapura Industrial said the partnership would also involve the sharing of capabilities including manufacturing experience and facilities, technical expertise, human resource development, professional network and business support.

“It will provide better service to existing customers who are major players in aircraft manufacturing and offer a good platform to expand its customer base in Japan, Malaysia and globally,” the company said in a statement.

...

Full Article on TheStar