Malaysia win for Turbo Power Systems

Turbo Power Systems has won a contract to supply a Malaysian engineering firm to assist in a project to build 12 new trains in the country's capital

The Gateshead-based firm will supply power units and battery chargers to Scomi Engineering, which has operations around the world and is currently working on the train project in Kuala Lumpur.

The contract win comes three months after Turbo Power Systems (TPS) announced plans to create more than 150 jobs after majority shareholders Vale Solucoes em Energia (VSE) gave the firm the green light to pump £6.9m into the business, to work on a series of research and development projects between now and 2016.

VSE become majority shareholders in 2010, having been impressed by the firm’s work to design and manufacture motors, generators and electronics for the transport, defence, industrial and renewable energy sectors.

Carlos Neves, chief executive of Turbo Power Systems, said: “This contract demonstrates the flexibility and ability of our product range to serve customers in multiple geographies and address differing requirements for their power systems.”

Order intake for TPS in the second quarter of 2013 rose to £7.32m from £2.7m a year earlier.

Sales in the quarter increased 31% to £5.31m from £4.04m.


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