Tawazun Precision Industries (TPI) has revealed that it is should be doubling its 2010 revenue by the end of this year.
TPI is a subsidiary of Tawazun Holdings which is 100% owned by the UAE government.
The subsidiary serves Original Equipment Manufacturers (OEMs) by building to print parts in the aeronautics, defense and oil & gas industries.
Started in 2007, when it was focusing on the defense industry the company now provides training to UAE nationals through its Daylight training program who currently comprise of over 35% of the company.
TPI will be showcasing the projects that it has partnered on at the ADIPEC exhibition next week.
“What makes us different from machine shops, is that we are a manufacturing facility,” said Osama Amir Fadhel, head of O&G Unit. “We also provide the complimentary services that are needed for metallic manufacturing. So under one roof we can actually provide turnkey services, other service.”
