Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Manufacturing & engineering

Avingtrans' Hayward Tyler arm wins largest order yet from Korean nuclear giant

KHNP has placed US$10mln worth of orders with the company since Avingtrans acquired it last September

Avingtrans PLC (LON:AVG) has been awarded a US$6.7mln contract from Korea Hydro & Nuclear Power for pumps and spare parts.

Recent acquisition, Hayward Tyler, won the order and KHNP has now placed US$10mln worth of orders with the company since Avingtrans acquired it last September.

READ: Avingtrans' Metalcraft unit secures framework contract with Cummins worth an additional £3.6mln in revenue

Hayward has been a supplier to KHNP for over 40 years but this is the largest order received to date.

KHNP generates approximately 40% of South Korea’s electric power and runs more than 20 operating nuclear plants.

Mike Turmelle, Hayward Tyler’s MD said: "This is a significant order for Hayward Tyler in the nuclear energy market. KHNP is a highly valued existing client and the size of this contract confirms HT's strong credentials in international energy markets.”

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK