Australian steel additive manufacturing firm Titomic Restricted has finalized the sale of a D523 Low Strain Chilly Spray System (D523) to Volvo Group for EUR 55,000 (AUD 90,865). This transaction signifies the combination of Titomic’s chilly spray expertise into Volvo’s Restore and Remanufacture operations, increasing Titomic’s presence within the MRO business.
With a world fame within the automotive and heavy tools sectors, Volvo Group’s adoption of Titomic’s cutting-edge expertise underlines a big development within the subject. Noteworthy shoppers like Rolls Royce and MTU Energy have already benefited from Titomic’s progressive options.
The sale of the D523 to Volvo Group marks a pivotal second for Titomic, showcasing its potential to offer novel capabilities to business leaders. As one of many largest truck producers globally, Volvo Group’s various portfolio consists of heavy tools requiring upkeep and restore, making the combination of the D523 a strategic transfer. The main target will primarily be on sustaining, repairing, and overhauling heavy tools engines, notably for Volvo Vehicles, with potential growth into Volvo Building Gear sooner or later.
Titomic’s Managing Director Herbert Koeck emphasised that Volvo’s adoption of this expertise demonstrates the robust efficiency of Titomic’s merchandise and rising curiosity in them throughout Europe and the worldwide remanufacturing and upkeep sector.
This sale not solely creates alternatives for additional gross sales inside Volvo but additionally supplies proof of the affect of Titomic’s expertise in enhancing remanufacturing and upkeep capabilities throughout various industries.
Supply: australianmanufacturing.com.au
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