Hardide plc (LON:HDD) CEO Phil Kirkham talks to DirectorsTalk about their new contract with General Electric Company Inc. Phil talks us through the deal and what its worth to the company, the relationship was developed, how the US factory will be used in supplying the order and how the year has progressed so far.
Hardide Plc develops, manufactures and applies advanced technology tungsten-carbide coatings to a wide range of engineering components. Its patented technology is unique in combining, in one material, a mix of toughness and resistance to abrasion, erosion and corrosion; together with the ability to coat accurately interior surfaces and complex geometries. The material is proven to offer dramatic improvements in component life, particularly when applied to components that operate in very aggressive environments. This results in cost savings through reduced downtime and increased operational efficiency. Customers include leading companies operating in oil and gas exploration and production, valve and pump manufacturing, power generation, precision engineering and aerospace industries.