A significant launch in product design for Incap
(Thomson Reuters ONE) -
Incap Corporation Press release 21 June 2010
A SIGNIFICANT LAUNCH IN PRODUCT DESIGN FOR INCAP
Incap Corporation has signed a partnership agreement with Kenyan Thames
Electricals Ltd. According to the agreement, Incap will design and manufacture
inverters for the customer, with the first production sets being delivered in
August. It is estimated that a total of 5,000 - 8,000 units will be delivered to
the customer this year. Later on, the annual revenue from these products is
estimated to amount to approximately one million euro. The product is designed
by Incap and, in addition to Africa, it is also sold to customers in India under
two other brands.
Asia and Africa have a growing demand for this type of devices because they are
used for power supply during power failures. The local electrical infrastructure
is unstable and the uninterrupted operation of electrical appliances used in
households can be secured using inverters. During the first stage, Incap will
manufacture 800 VA and 1,400 VA inverters, with the aim of expanding the product
family up to 5,000 VA in the following production stage. In addition to the
inverters range, Incap will also design and manufacture different variants of
voltage regulators and power supply units under a brand owned by Thames
Electricals Ltd.
Thames Electricals Ltd is a trading company established in 1980. The company is
registered in Nairobi, Kenya, where also its head office is located. It is a
market leader in electrical accessories, fittings and equipments, with a special
focus area in electrical distribution. The company's main suppliers are Europe
and Asia and it represents some of the world's leading brands, selling more than
1.5 million units of products per annum through its large distribution network
and retail partners.
For Incap, this agreement is a head start in marketing the company's own
products in the emerging markets. The company has grown its design team in India
and will continue to strengthen its resources. Currently, a total of 25
designers are working in India, and the objective is to increase the size of the
team to 35 designers by the end of the year.
Many of Incap's Indian plant's current customers have become partners with the
company through design services from where the services have been expanded to
actual volume production through the manufacture of prototypes.
For more information, please contact:
Sami Mykkänen, President and CEO of Incap Group, tel. +358 40 559 9047
Jarmo Kolehmainen, Managing Director, Incap India, tel. +91 99 020 42810
Murthy Munipalli, Vice President (Sales & Marketing), Incap India, tel. +91
98 8023 1431.
INCAP IN BRIEF
Incap Corporation is an internationally operating contract manufacturer whose
comprehensive services cover the entire lifecycle of electromechanical products
from design and manufacture to maintenance services. Incap's customers are
leading equipment suppliers in energy-efficiency and well-being technology, for
which the company produces competitiveness as a strategic partner. Incap has
operations in Finland, Estonia and India. The Group's revenue in 2009 amounted
to around EUR 70 million, and the company currently employs approximately 780
people. Incap's shares are listed on the NASDAQ OMX Helsinki Oy. For additional
information, please contact www.incap.fi.
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Source: Incap Oyj via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 21.06.2010 - 10:35 Uhr
Sprache: Deutsch
News-ID 22736
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Kategorie:
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"A significant launch in product design for Incap"
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