Thursday, February 10, 2011
€2.2 m contract win for Jena Tec Medical Components
Jena Tec, the designer, manufacturer and supplier of critical components and associated services to the energy, medical, industrial and global aerospace sectors, announces that it has signed a 3 year agreement with a leading European medical equipment manufacturer, where Jena Tec will supply high precision miniature ballscrews for use within a range of equipment by the customer.
The total contract value is approximately Euro 2.2m over three years and will commence in Q4 2011 before full production volumes are added in 2012.
The components within specialised medical equipment require suppliers of exceptional quality and delivery reliability and this agreement further bolsters Jena Tec’s planned growth in this high tech area. Jena Tec continues to invest in this growing area of medical instrumentation through increased testing and production facilities at its state of the art German facility.
Paul Ward, Managing Director of Jena Tec commented: “This is another example of Jena Tec’s transformation to a full service industrial partner to our major customers and it clearly demonstrates the long-term commitment to world-class quality and delivery”.