PM-GROUP receives large contract from Safran Aerospace
After a long period of co-development, prototyping and process control optimization the PM-GROUP is proud to announce that it received in close cooperation with Safran Aerospace Group a multi million euro contract. The order is related to the manufacturing of high precision turbine mechanics, which will be used in the high precision turbines of the Techspace division. Financial director Gerlo Prinsen commented to the news:
This underlines the chosen strategy of the PM-GROUP to be active in multiple market segments.
The order will run at least for the next ten years, furthermore the PM-GROUP is active in the semiconductor industry which has an unstable demand over time. The combination of these market segments gives the PM-GROUP a more financial and operational stability over time.