Exechon Enterprises, a joint venture (JV) company, has sold an XMini industrial robotic manufacturing tool to Refco Metals, a UAE-based manufacturer of aluminium assemblies for luxury automobiles.
Exechon Enterprises JV comprises US-based global security and aerospace company Lockheed Martin and UAE-based Injaz National and Sweden-based Tecgrant AB.
Shafik Nasser, chairman of Exechon Enterprises, said: “Today's automotive industry moves fast and requires parts made to the most exacting specifications.”
“The XMini creates complex, high-precision parts while streamlining production and lowering costs, making it the perfect partner in a modern manufacturing environment,” he said.
During a six-month verification process, Refco Metals will use the XMini to manufacture a broad range of automotive-grade aluminium alloy extrusions. The company has an option to purchase additional machines.
Maher Nasser, chairman of Saber Investment Company, which manages Injaz National's interests in the JV, said: “We are excited that with the sale of the XMini to Refco Metals, Exechon has successfully leveraged its local and international partnerships, while supporting the UAE's aims to becoming a regional leader in robotics and automation.”
“Collaboration like this is a prime example of how local and international partners can work together to enhance local manufacturing and support meaningful and lasting economic impact right here in the UAE,” he added.
In a series of trials conducted at Exechon's Application and Technology Center facility in Abu Dhabi, UAE, the XMini demonstrated its capability to machine complex parts with high precision in a single setup while improving productivity and cutting cycle/setup times in half, it stated. – TradeArabia News Service