CVD Equipment Corp Flying High With Massive Aerospace Order
CVD Equipment Corporation has received a multi-million dollar order from a major aerospace components manufacturer.
The firm will design a custom Chemical Vapour Deposition System scale up solution for its next generation of composite products.
Proud Leonard Rosenbaum, President and Chief Executive Officer states, "We are very pleased that we were selected for the design of a next generation production system solution which is needed to meet the capacity and yield growth demands of this aerospace components company. This new design contract will enable us to build on the recent successful start-up of the systems we manufactured under a previous multi-million dollar contract with the same customer."
"This success is rewarding because it is in line with our vision to accelerate the commercialisation of tomorrow's technologies and to enable a cost effective and risk managed transition of more and more technologies from R&D and pilot manufacturing to full scale production."
"It is also rewarding to see that the efforts of our personnel and the requirements of our customers enabled CVD to recently purchase a new 130,000 square foot facility that is 100% larger than the existing facilities we are selling. The new facility expands our application laboratory, design engineering and manufacturing capability and will enable us to manage our future anticipated growth in providing R&D, pilot and production custom Chemical Vapour Deposition systems and material solutions to a broad range of markets. We anticipate full occupancy of the new facility during the 3rd quarter of 2012," he finishes.
