Interfast plans to establish aviation fastener company in Zhuhai

Headquartered in Toronto, Ontario, Canada, Interfast is an international leading distributor of fasteners for the aerospace and industrial sectors. Since 1995, it has cooperated with AVIC International and has served customers in China for many years. The Ontario Economic Development and Trade Bureau led a delegation to participate in the Hong Kong Airshow. Interfast Corporation attended the exhibition as a member of the Ontario company.

As China has actively developed its own large-scale passenger aircraft, the demand for related parts and fasteners has also increased in the Mainland. To seize this opportunity, China National Aerospace Zhuhai Corporation signed a letter of intent with Interfast Corporation of Canada yesterday to plan a joint venture to establish an aviation fastener production enterprise in Zhuhai with an initial investment of approximately US$10 million (approximately HK$77.8 million). Wang Zhilai, the managing director of China Aerospace Zhuhai, said that in the future, joint ventures or competing C919 large-scale passenger aircraft independently developed by China will sell products and provide services.

Location Zhuhai partner Interfast Canada Interfast

Wang Zhilai said that the joint venture hopes to be established as soon as possible and that the initial plan will hold half of the equity, but no final decision has been made. Peter Oleck, President of Interfast, expects that the joint venture will become the main fastener supplier for China's aviation industry, and points to the rapid growth of China's aviation industry. It is expected that the demand for related products and services will increase rapidly. It is believed that the joint venture can grasp this huge Business.

China Aviation Technology Zhuhai Company is a branch of China Aviation Technology International Holdings established in Zhuhai. Founded in May 1984, Zhuhai Company has now become an industry focusing on import and export trade, integrating industrial manufacturing, property rental, and hotel operations. Large-scale state-owned enterprises, and wholly-owned Spock audio, Keli electric meter brand.

The joint venture will be located in Zhuhai City, Guangdong Province, and a professional aviation fastener storage warehouse will be set up.

The three-day Asian International Aviation Exhibition and Forum 2011 opened on March 8 at the AsiaWorld-Expo in Hong Kong. 270 exhibitors from 32 countries and regions participated in the exhibition.

Interfast's active cooperation intentions Interfast Corporation signed a letter of intent with AVIC Zhuhai on the 9th Asian International Aviation Exhibition and Forum 2011 to establish a joint venture in Guangdong Province to provide specialization to the growing aviation market in China and the Asia Pacific region. Aviation fasteners, fastener systems and other value-added services.

Peter Oleck, president of Interfast, said: "We are very pleased to cooperate with AVIC Zhuhai to build China's major integrated supplier of aviation fasteners and to serve the maintenance and repair of aviation manufacturing companies, airlines and aircraft in China and around the world. Overhaul the company."