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UNITED STATES : AIM Corp bags US$10m deal from Honeywell
Publish Date : 24-Nov-2011
Advanced Integrated Manufacturing Corp Ltd (AIM Corp) announced that its subsidiary, AMC Penang Sdn Bhd, have been awarded a US$10 million contract from Honeywell International Inc.
The contract is for the supply of mechanical parts through a point of use replenishment system that includes a kitting and sub-assembly value-added programme.
The new contract is anticipated to generate an additional revenue of US$3.33 million per annum for AMC Penang.
Honeywell has a unilateral option to extend the \'Five-Years\' Long-Term Contract for an additional one year after 15th December 2014.
