24th Nov 2005 07:01
Tanfield Group PLC24 November 2005 Tanfield Group Plc ('the Company') Distribution and New Product The Directors of Tanfield Group Plc are pleased to announce that the Company'sstrategy of increasing its distribution network for the Aerial Access divisionhas resulted in further major distributor appointments. Within the last month, distributors have been appointed in geographical areaswhere the company was not previously represented, including Russia, Turkey,Lithuania, Latvia, Greece and Cyprus. We are pleased to report that we are nowreceiving our first orders from within these territories. The strategy ofplanned growth of the distribution network is ongoing and due to the high levelsof interest from potential partners, we anticipate further distributorappointments in coming months. The Company's Aerial Access Division currentlyhas 35 distributors compared to 15 at the beginning of the year. The Directors are also pleased to announce that within the JumboTug (airport)division, the first of the "next generation" of high performance baggagetractors will commence operational field trials on 18th December. Due to theimproved duty-cycle of this new product interest has been high and we will beproducing further vehicles for trial and sale in the North American and Asianmarkets in January. Enquiries: Roy Stanley, Chief Executive,Tanfield Group Plc Tel. 01207 521111 Ruari McGirr,Daniel Stewart & Company Plc Tel. 020 7776 6550 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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