12th Jun 2019 09:41
(Alliance News) - Aerospace and defence engineer Senior PLC said Wednesday it has opened a new aerospace manufacturing facility at the Malaysia International Aerospace Centre near the city of Kuala Lumpur.
The new facility is expected to provide increased options for the Senior Aerospace UPECA's customers, particularly with its special process and non-destructive testing capabilities.
The 180,000 square feet building was developed on a build-to-lease basis by Malaysia-based Axis Real Estate Investment Trust in partnership with airport operator Malaysia Airports Holdings Bhd.
Senior said the new facility will complements its Aerospace division's existing facility, and was established as a result of recent contract wins in the aerospace sector.
"We are delighted to announce the opening of this new facility which will further enhance our capabilities in Kuala Lumpur and specifically support the growth associated with our contract wins in the civil aerospace sector," said Chief Executive David Squires.
Shares in Senior were down 1.6% at 230.00 pence on Wednesday.
Related Shares:
Senior