Providing Highly Complex Wire Harnesses and Cable Assemblies for Next Generation Small Aircraft
SANTA ANA, CA, Monday June 10th, 2019 -- PARPRO (4916:TW), a full service Embedded Design Solutions and Manufacturing Services company is pleased to announce today that it has been awarded a significant contract from a newly acquired customer to provide custom wire harnesses and cable assemblies for a private jet/small aircraft platform. This contract is valued at approximately $4M and will be carried out over several years.
This customer is a leading personal/private aircraft company and considered a game-changer in the world of general aviation. Expecting 25% growth in the next 3 years, they were looking for a partnering company to help support this growing demand. In a very heavily regulated industry, they also needed a partner who was able to be approved at FAA level and scale with their production needs. As a leading aerospace wiring harness and military cable assembly manufacturer, and long-time provider of simple to complex configurations for avionics, commercial aerospace and industrial applications, PARPRO fit the bill. In addition, PARPRO is a AS9100C and NADCAP certified company, and prior to this award had made recent significant investments in both equipment and infrastructure at PARPRO’s Mexico facility that proved to be key in securing this customer win.
“The demand for air travel is increasing along with the growing demand for procurement of newer generation aircraft and the subsequent need for electrical wiring harness and custom cable assemblies.” Says Thomas Sparrvik, PARPRO CEO. “Baja California is considered an Aerospace Megaregion, and PARPRO with its established presence in Tijuana, is well positioned to help support, scale and expand with the growing needs of this customer and this industry in general.”
Work under this contract will be manufactured at PARPRO’s Mexico facility in Tijuana. As a Tier 1 customer, PARPRO will be delivering wire harnesses and cables assemblies directly to this aircraft manufacturer. PARPRO Mexico is a business unit of PARPRO, a leader in Electronics Manufacturing Services and serves OEM customers in the aerospace/defense, medical, industrial, and computing/communications markets.
PARPRO is a full service design & manufacturing company with an emphasis on ODM solutions. We offer a comprehensive engineering-rich hardware systems with low-to-high volume manufacturing and integration/test capabilities, and pride ourselves on delivering simple to complex solutions making our manufacturing offerings competitive at virtually any volume and with any sourcing strategy. We serve customers in the aerospace/defense, gaming, medical, telecommunications and industrial markets providing time savings and cost optimization by minimizing margin stacks throughout the value chain.
PARPRO is a public company traded on the Taiwan stock exchange – PARPRO (4916:TW). For more information on investor relations reporting and regulatory information – please click here. For more information, press only: Justine Uyemura (760) 621-0699.