Order given for nuclear safety components

July 8, 2011 at 10:22 AM
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CENTER VALLEY, Pa., July 8 (UPI) -- TechPrecision Corp. of Pennsylvania has received a $1.2 million order for passive safety components from the nuclear division of an unidentified customer.

Delivery of Advanced Generation III components is expected to be fulfilled over the next nine months, it said.

"As a direct result of our focused business development activity with key customers in new nuclear builds of advanced passive reactor components, this order reflects our continued successful expansion of opportunities in this key vertical," said TechPrecision Chief Executive Officer James Molinaro.

"Demand for the next generation of nuclear components is growing, and by expanding our sales pipeline and building on our ASME N-stamp quality performance with key customers, we are seeing a direct benefit -- one we expect to position us well for expanded opportunities during the coming nuclear renaissance."

No additional details of the contract and components were given.

TechPrecision Corp. is a manufacturer of precision, large-scale, fabricated and machined metal components and systems with customers in the alternative energy, cleantech, medical, nuclear, defense, aerospace and other commercial industries.

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