A joint venture between Singapore Aerospace Manufacturing (SAM) and Messier-Dowty International will produce landing gear assemblies and related components in the Far East from 1 January 2000.
SAM's chairman Loh Chuk Yam and Messier-Dowty's chairman and CEO Dominique Paris signed the agreement that will see SAM transferring its landing gear business to the JV company. Messier-Dowty's role will be to provide the necessary support, technical assistance and transfer of information for setting up a centre of excellence for design, manufacturing and testing.
A team of local staff will manage the JV and the company will be located at a factory leased from SAM at Paya Lebar in Singapore. The order book for the new company already contains more than US$30-million worth of business and sales for the first year are projected at US$12-million.
Source: Flight Daily News
