TUALATIN, Ore., Nov. 6, 2013 /PRNewswire/ -- CUI Global, Inc. (NASDAQ: CUI), a platform company dedicated to the acquisition, development, and commercialization of new, innovative products and technologies, today announced that, effective September 2013, its wholly owned subsidiary, Orbital Gas Systems Ltd., has reached an agreement to provide system integration capability to Yokogawa Electric Corporation ( www.yokogawa.com) for its products within the United Kingdom. In the initial phase of this new relationship, Yokogawa has awarded Orbital a contract to supply various systems encompassing Yokogawa instruments for one of their largest clients within the petrochemical industry.
The agreement and new relationship gives increased weight to Orbital-UK's ever growing versatility and ability to work in new industry areas and with new partners and clients. This is a corner stone of Orbital-UK's past and present growth. Orbital-UK's 30 years of experience in providing innovative engineering solutions and its ability to consistently deliver projects on time, within budget and with unrivalled build quality, coupled with Yokogawa's diverse and large range of high quality products will ensure that end-users receive an engineered solution to meet their process requirements.
"We are pleased by Yokogawa's decision to appoint Orbital as a system integration partner for the UK," commented Orbital-UK's managing director, Andrew Ridge. "Although in its early stages we feel very confident that this will be a long and mutually beneficial relationship between the two companies."Neil Stuchbury, Orbital-UK's sales director added, "We are a growing organization, with many exciting opportunities ahead. This partnership with Yokogawa is an excellent example of our ambition to extend our portfolio in supporting industry leading clients like Yokogawa Electric Corporation and its UK subsidiary. The partnership with Yokogawa also emphasizes Orbital's expertise, ambition and growing worldwide reputation." In a related event, Orbital-UK also recently was awarded a contract to design, build and supply LPG and Liquid Propane odorization systems for a West African Liquefied Petroleum Gas (LPG) and Liquid Propane storage plant. Orbital-UK will be working closely with several organizations to ensure its high quality engineered and safe solutions are delivered within the agreed program.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV