TTCM China Reports Additional Order Worth $12.9 Million From GuangXi Province

 MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--TTCM China, Inc. (Pink Sheets:TTCH), a leading producer and supplier of glass-reinforced plastic pipes, today announced that they have signed a contract worth $12.9 million from GuiDongNan Project in GuangXi Province in Southern China.

Manufacturing equipment has been shipped for local manufacturing from Tianjin and manufacturing site lease agreement is in progress.

The contract is a part of the company’s southern strategy to penetrate the market place in the fastest growing southern regions including GuangXi, Fujian, Guang-Dong and ZheJiang Provinces.

Mr. Jiqun Wang, Founder and Chairman of TTCM China, said, “This is the strategy of the Company to move forward in expanding with its business in the southern and southeastern regions where the economic growth is even faster than the rest of the country.

The contract is another indication of growing demand for our pipes to provide drinking water, sewer systems and flood control systems to rapidly growing areas. Because our pipes are more lightweight and cost efficient, they are suitable for large-scale projects such as this one in GuangXi Province.”

600450 TTCM China Reports Additional Order Worth $12.9 Million From GuangXi Province glassonweb.com
Date: 18 January 2007
Source: Businesswire.com

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