- Reko expands the scale and complexity of its automation capabilities
- Global Tier 1 automotive customer awards Reko business for 2019FY
- Newly constructed automation facility enables sourcing for larger projects
LAKESHORE, ON, June 11, 2018 /CNW/ - Reko International Group Inc. (TSXV: REKO) today announced the receipt of a letter of intent from a major global tier 1 automotive customer to design and build a variety of advanced automated assembly equipment.
This major business award involves the design and manufacture of complex automated systems that will build exterior trim assemblies for a major automotive program. Design work will commence immediately, and the fabrication of the equipment will take place over the remainder of the 2018 calendar year.
"This longstanding customer partner of ours has challenged Reko with this new business, and we are more than ready to deliver," says Diane Reko, CEO of Reko International. "Not only has our technical expertise and experience with innovative automation solutions been key in securing this award, the fact that we have a brand-new facility dedicated to our automation division means we can deliver projects of this scale more and more in the future."
Reko now operates three facilities in Lakeshore, one dedicated to precision machining and metal fabrication, one providing tool and mold solutions, and the third already mentioned that is dedicated to innovative automation projects.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
ABOUT REKO INTERNATIONAL GROUP
Reko International Group Inc. (TSXV: REKO) is a diversified, technology-driven manufacturing organization located in Southwestern Ontario. Areas of expertise include robotic factory automation solutions, the precision machining of large critical parts, and plastic injection and low compression acoustic tooling. Reko believes in strengthening communities by advancing manufacturing.
SOURCE Reko International Group Inc.
For further information: Marilyn Crowley, Chief Financial Officer at (519) 727-3287