TRIUMPH Announces Agreement for Logistics Support in Asia

Triumph

BERWYN, PA — Triumph Group, Inc., (NYSE: TGI) recently announced a cooperative effort for logistics and leasing of OEM-certified engine shipping stands between its Asia-Pacific facility, TRIUMPH Product Support – Asia (TASA) and Aerofield Services LLC., headquartered in Aurora, Colorado. Per the agreement, engine stands will be available for lease from TASA for customers and industry service partners within the APAC and China regions and in turn positions TASA’s avenues to grow its product and service offerings as the relationship expands beyond the leasing agreements.

“This agreement directly supports innovative collaboration and enhanced service options within Asia, both of which are key parts of our growth and product diversification strategy,” said Monty Richardson, President of TRIUMPH Product Support – Asia. “Partnering with multi-faceted organizations such as Aerofield contributes to the expansion of our product and service sets and provides additional avenues for our customers to address their needs in a timely manner.”

“We are excited to forge this opportunity with TASA,” said Phil Wilson, President of Aerofield Services. “We are looking forward to the opportunities and synergies that this transnational effort brings for both our organizations.”

More information about TRIUMPH can be found on the company’s website at www.triumphgroup.com.

For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and Microsoft Start.

READ:  Radian Group Sets Date for First Quarter Earnings Call