VS Industry Bhd has entered into a master supply agreement with US-based Victory Innovations Company Inc for the manufacture of cordless electrostatic sprayers on a box-build assembly basis via its wholly-owned subsidiary Guardian South East Asia Pte Ltd.
It revealed that the contract sum under this agreement shall be based on purchase orders placed over the period. “We have to hit the ground running and work as fast as we can to roll out the products as we understand both the handheld and backpack sprayers are currently out of stock due to extreme demand brought about by Covid-19,” he said in a press release.
He believes that the group’s ready capacity, strong technical capabilities, and proven track record has been the major contributor for securing Victory as the key customer and the group expects the agreement to contribute to its earning from its financial year ending July 31, 2021 onwards.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: theSundaily - 🏆 25. / 51 Read more »