FOR IMMEDIATE RELEASE
Mary Bevan, Concurrent Technologies Corporation, (814) 269-2490 or email@example.com
Varley Group and its Subsidiary, Varley USA, Inc. Form Strategic Alliance with Concurrent Technologies Corporation and its Affiliate, Enterprise Ventures Corporation
Johnstown, PA, May 21, 2015 – The Varley Group of Australia and its subsidiary, Varley USA, Inc. have formed a strategic alliance with Concurrent Technologies Corporation (CTC) and its affiliate, Enterprise Ventures Corporation (EVC).
Varley Group is one of Australia’s oldest and most advanced engineering companies. The strategic alliance will extend the Varley Group’s business in the United States in three key areas; Aerospace & Defense, specialized vehicles, and advanced electric motor and generator technologies. It is a truly trans-Pacific partnership which will bring high-quality jobs and new business to the U.S.
“Varley is expanding its already extensive footprint in the American defense & aerospace marketplace. Our strategic partnership will open new markets to CTC and EVC, and leverage our strong reputation for developing high-quality solutions to hard engineering challenges,” said Earl “Chief” Smith II, PhD, SVP for Strategic Initiatives, Varley USA. “In CTC and EVC we have found an ideal partner. The partnership presents us with a unique opportunity to achieve great things together.” Read more