we submit the press release on business agreement with Komline Sanderson Corporation (USA), in the ordinary course of business. The signed agreement is received today, by the Company.
KLBRENG-B · price
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Kilburn Engineering has signed a definitive Master Agreement with Komline-Sanderson Corporation (KSC), a New Jersey-based global provider of process and environmental equipment. Under the deal, Kilburn will exclusively manufacture turbo dryers and paddle dryers for KSC, while also providing engineering services (including CAD design) and field services such as installation, commissioning and maintenance both in India and internationally. Kilburn has additionally been appointed as KSC's sales representative in India for turbo dryers and rotary atomizers. Management called the tie-up an endorsement of Kilburn's engineering and manufacturing strengths and a step toward expanding its global footprint.
The agreement opens up new revenue streams through manufacturing, engineering, field service and sales representation work with a global partner, which could support order book growth. It is a positive business development signal, though near-term financial impact will depend on actual orders generated under the partnership.