Thursday, September 22, 2011 11:25:06 PM
"TTCM, China's Leading GRP Piping Company Expands to North America
TTCM China, Inc. and its subsidiary, Tianjin Tianlian Composite Material Company, Ltd. (collectively TTCM), China's leading supplier of glass-reinforced plastic piping and associated products, is looking to the Americas to broaden its market.
Founded in 1995, TTCM's core business is the production, processing and sales of glass-reinforced plastic pipes wrapped with sand inclusion and glass-reinforced plastic products. Its primary products include various types of regular and high-pressure pipes, fittings, round containers, cooling towers, and fans. The Company is also engaged in the development and production of new high polymer synthetic material.
The company having exhausted much of the Chinese market is now looking to form alliances and partnerships in the Balkans and in the Americas.
In 2004, TTCM delivered over 30% of the total market share, ranking it first in its industry in China. On the international market, TTCM has established business relationships with buyers in Singapore, Kuwait, Iraq, Afghanistan, and South Africa; developing valuable technical exchanges and opportunities for TTCM to expand internationally.
"Broadening our international business will prove invaluable as we begin to penetrate the US market," said Mr. Jiqun Wang, Chairman and President of TTCM. "We are very excited about the opportunity to grow, which allows TTCM to grow more rapidly and become a true international corporation."
TTCM has enjoyed double-digit growth consistently over the past several years and recorded annual revenues of over $10 million on an unaudited basis. TTCM expects growth in 2005 to be strong through it plans of acquisitions and international growth.
While the China market continues to grow at a hot rapid pace, especially with regard to infrastructure and real estate development, the need for water pipelines is ever demanding. At the same time, a massive amount of old pipelines need to be replaced to suite for the modernization of the country."
Trying to contact Dr. Won-Gil Choe, President of TTCM China.
FEATURED Nightfood Signs Letter of Intent to Acquire Los Angeles Cooking School, Integrating Automation and Robotics with World-Class Culinary Training • Oct 1, 2024 8:30 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM
Unitronix Corp Unveils Cryptocurrency Investment Portfolio Strategy • UTRX • Oct 2, 2024 8:40 AM
Integrated Ventures, Inc Reports Total 2024 Revenues Of $5,863,935 vs $3,862,849 for 2023. • INTV • Oct 1, 2024 9:00 AM
ZenaTech, Inc. (NASDAQ: ZENA) To Commence Trading Today • COOP • Oct 1, 2024 7:00 AM
Element79 Gold Corp secures loi for launching tailings reprocessing business in Arequipa, Peru • ELMGF • Oct 1, 2024 6:38 AM