HONG KONG, March 28 (Reuters) - Ms. Chen of Forgings Industrial Co. Ltd. announced at meeting of shareholders that the company has entered into an agreement to manufacture cabinetry for Wilson Audio, a US manufacturer of high-end speaker systems. "We are pleased to leverage our expertise in expert cabinet design in order to be the sole supplier of the special cabinet construction required for the esteemed Wilson line. Previously, we had only supplied for a portion of Wilson's business. They are quite pleased with our attention to detail and state of the art CNC milling machines. In these difficult times, many companies have come to us to control costs in a marketplace that is seeing costs rise significantly due to oil and raw material constraints. We are exploring other areas where we can provide services of mutual benefit."
Forgings Industrial was established in 1962 and is an exporter as well as manufacturer. They currently have sales in excess of US$100,000,000 and exports to all parts of the world.
