QM Systems Limited, a wholly-owned subsidiary of PipeHawk, has secured a major contract with Kingspan Insulation Ltd ("Kingspan") to deliver a complete new production line, worth over £1 million. The project comprises the provision of a turnkey automated production line to one of Kingspan's UK facilities and will be delivered during 2012/13 financial year.
Gordon Watt, Chairman of PipeHawk, commented: "This is an excellent opportunity for QM Systems to build on the successes over the recent 12 months and provides a substantial opportunity to continue its progress in diversifying into new and exciting markets"
Enquiries:
PipeHawk Plc
Gordon Watt (Chairman)
Tel. No. 01252 338 959
Merchant Securities Limited (Nomad)
David Worlidge/Simon Clements
Tel. No. 020 7628 2200
FinnCap (Broker)
Charlotte Stranner
Tel. No. 020 7220 0569
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