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Pin to quick picksXeros Tech Regulatory News (XSG)

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Opening of Manufacturing Partner's New Facility

2 Jun 2015 09:10

RNS Number : 9131O
Xeros Technology Group plc
02 June 2015
 



2 June 2015

 

Xeros Technology Group plc

 

Xeros Chairman Guest-of-Honour at Opening of Manufacturing Partner's State-of-the-Art New Facility

 

John Samuel, chairman of Xeros Technology Group plc ('Xeros' or the 'Group'), the innovative developer of a patented polymer bead cleaning system with multiple identified commercial applications, delivered the guest key note speech to support the opening of the Group's manufacturing partner's state-of-the-art new facility in Jiangsu Province, China, on 28 May 2015. The event reaffirmed the commitment of the Group's partner Jiangsu Sea-lion Machinery Group ('Sea-lion') to helping Xeros expand its global footprint in Commercial Laundry.

 

Sea-lion is China's foremost manufacturer of commercial laundry equipment and makes the machines for Xeros' superior performance and cost effective bead cleaning system. The new 300,000 sq ft facility, in Zhangjiagang City, boasts state-of-the-art equipment and manufacturing processes which will manufacture the machines to support Xeros' growing commercial laundry footprint in the US.

Xeros' Chairman John Samuel, and Global Head of Commercial Laundry, Jonathan Benjamin, were VIP guests at the opening ceremony, marking the close partnership between the two companies. The occasion was attended by Chen Youqi, the Founder and Honorary Chairman of Sea-lion; Chairman Chen Hong; Huang Xueyuan, Vice Mayor of Zhangjiagang City and more than 400 guests.

 

John Samuel, Chairman of Xeros, commented:

 

"We were delighted to support this landmark event at Sea-lion. It reflects the ever deepening commitment from a key supply chain partner to respond to the increasing demand from our customers in US Commercial Laundry. This increased production capability is particularly timely given our recently announced national network of Forward Channel Partners we have established across the US.

 

"We look forward to continuing to work with Sea-lion, and with our Forward Channel Partners in the US itself, to install more machines both in the US and beyond."

 

For further information, please contact:

 

Xeros Technology Group plc www.xeroscleaning.com

Via Instinctif Partners

Bill Westwater, Chief Executive Officer

Chris Hanson, Finance Director

Jefferies International (Nominated Adviser)

Tel: 020 7029 8000

Simon Hardy / Harry Nicholas

Instinctif Partners

Tel: 020 7457 2020

Helen Tarbet / James Gray

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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