TODAYS EMAIL BDG Continues Efforts to Complete
Post# of 22940
BDG Continues Efforts to Complete SLA
TPAC Australia operates under a Licensing Agreement and Service Level Agreement (processing) to implement TPAC USA spherical bearing technology in Australia, complying with requirements of the Turnbull Innovation Plan. Turnbull Innovation Plan necessitates offshore technologies be realized in Australia.
This offers TPAC Australia a manufacturing opportunity for spherical bearings, rod-end bearings, flanged and straight bushings, hinges and other machine metal parts for aeronautical and defense projects.
TPAC Australia is collaborating with TPAC USA to finalize a draft Service Level Agreement and cost matrix for the design, implementation and service of a full-scale manufacturing facility. The manufacturing output levels require 20 million parts per production run.
Shareholders will be kept abreast on SLA progression.
TPAC IR Specialist
ir@tpacbearings.com