TPAC Expands To a New Country and New Markets.
Post# of 22940
Posted On: 05/05/2016 8:27:19 AM
TPAC Expands To a New Country and New Markets.
Yesterday, IR learns TPAC USA signs License Agreement (Service Level Agreement in progress) with Australian businessmen to market Spherical Bearings under the TPAC name. A SLA is in the works to build a manufacturing facility for TPAC metal works.
The project is to take advantage of a new Australian Government Initiative to bring new offshore technologies to Australia for job creation. The Government has set aside $1B for this initiative. TPAC Australia is looking to begin plans to establish the manufacturing facility by months’ end.
TPAC Australia won’t stop there; Australian Businesses moves to build a fleet of submarines at a cost of $50B. The fleet will be constructed in Australia using Australian labor and natural resources. TPAC Australia is established as a reseller of NAVAIR certified parts using their new TPAC license agreement to deliver Spherical Bearings and other metal works from TPAC USA.
TPAC Australia delivers another surprise to the TPAC pack Alliance…Bower Aero. Bower is presently an approved service provider to Emirates Airlines. Bower is looking to become actively involved in the TPAC Spherical Bearings business. Emirates Airlines has a fleet of over 250 aircrafts.
Business Recap
TPAC USA expands to Australia……Signs $1,000,000 Licensing Agreement…Now processing Service Level Agreement at a Value of $(waiting on the bean counters)…Welcomes New Service Provider…Makes presence known to Australian Government and Defense market.
Well that’s it for this report.
Stay tuned for the 2PM EDT Financial Report.
TPAC IR Specialist
ir@tpacbearings.com
Yesterday, IR learns TPAC USA signs License Agreement (Service Level Agreement in progress) with Australian businessmen to market Spherical Bearings under the TPAC name. A SLA is in the works to build a manufacturing facility for TPAC metal works.
The project is to take advantage of a new Australian Government Initiative to bring new offshore technologies to Australia for job creation. The Government has set aside $1B for this initiative. TPAC Australia is looking to begin plans to establish the manufacturing facility by months’ end.
TPAC Australia won’t stop there; Australian Businesses moves to build a fleet of submarines at a cost of $50B. The fleet will be constructed in Australia using Australian labor and natural resources. TPAC Australia is established as a reseller of NAVAIR certified parts using their new TPAC license agreement to deliver Spherical Bearings and other metal works from TPAC USA.
TPAC Australia delivers another surprise to the TPAC pack Alliance…Bower Aero. Bower is presently an approved service provider to Emirates Airlines. Bower is looking to become actively involved in the TPAC Spherical Bearings business. Emirates Airlines has a fleet of over 250 aircrafts.
Business Recap
TPAC USA expands to Australia……Signs $1,000,000 Licensing Agreement…Now processing Service Level Agreement at a Value of $(waiting on the bean counters)…Welcomes New Service Provider…Makes presence known to Australian Government and Defense market.
Well that’s it for this report.
Stay tuned for the 2PM EDT Financial Report.
TPAC IR Specialist
ir@tpacbearings.com
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