| || LAI Lands Contract for Manufacturing Components Used for Oil Exploration |
24th October, 2008
LAI International, Inc., strategic supplier of precision components and sub-assemblies for original equipment manufacturers has announced it has secured contract awards for manufacturing precision components used for oil and gas exploration. Release link: http://www.laico.com/in-the-news.html
LAI uses advanced processes to manufacture a series of flex couplings, which incorporate an interlocking design in four-feet-long alloy steel pipe, used to steer down-hole drilling operations for extraction of oil and gas. Under a multi-year agreement with a dominant U.S. oil and gas exploration company, the contracts are expected to be valued at more than $1 million.
"We have been successful in using proprietary manufacturing technologies to process a vertebrae-segment design in the components to facilitate greater flexibility in our customer's drilling operations," Thomas Sterner, Operations Support Manager for LAI, said. "These cutting-edge processing methods allow LAI to accommodate our customer's need for high-performance products in a highly competitive environment."
The components will be manufactured at LAI's facility in Westminster, Md.
About LAI International
LAI is the premier manufacturer of precision engineered components and assemblies for aerospace, power generation, defense and other advanced technology industries. The company is a major supplier of finished goods. Its technology, engineering and manufacturing solutions are the lifeblood of airframes, aircraft engines, power generators, defense systems and other mission-critical applications.
LAI is the largest precision contract manufacturer in its class with the fastest growth as ranked by Inc. Magazine.
LAI has longstanding and strategic relationships with all leading global players in every area of their operations, including Boeing, Eaton, GE, Lockheed Martin, Northrop Grumman, Pratt & Whitney, Rolls-Royce, Siemens, and more than 70 percent of Fortune 500 global manufacturers.
LAI operates five manufacturing facilities, dispersed in key manufacturing regions across North America, with locations in Minneapolis, Phoenix, Tucson, Westminster, Md., and Scarborough, Maine -- all of which are ISO 9001:2000 and AS9100 certified. The company also offers NADCAP-certified non-conventional machining processes.
Tags: Manufacturing - Supplier - Equipment Manufacturers - Equipment