Ingress To Supply RM57.5 Million Worth Of Parts For New Proton Model
"KUALA LUMPUR, Oct 12 (Bernama) -- Ingress Corporation Bhd expects a revenue of RM57.5 million from projects to supply parts for a new model for Perusahaan Otomobil Nasional Sdn Bhd (Proton).
Ingress said it had received a letter of intent from Proton to supply roof drip mouldings through Ingress' wholly-owned subsidiary Ingress Engineering Sdn Bhd (IESB) and door sash through Ingress' 90 per cent-owned subsidiary Ingress Precision Sdn Bhd (IPSB).
Supply for the mouldings project will begin by the fourth quarter of financial year ending Jan 31, 2012, for a duration of five years, it said in a statement Tuesday.
The project is expected to generate a total revenue of RM7.5 million for IESB while its total investment for the project is estimated to be RM0.2 million in tooling, Ingress said.
The supply of door sash is expected to be at the end of financial year ending Jan 31, 2012, with a project duration of five years.
The project is forecast to generate a total revenue of about RM50 million for IPSB while the total investment in tooling and equipment is expected to cost RM16 million, Ingress said."
--click source BERNAMA (BI), (BM)
INGRESS History
The history of Ingress Corporation Berhad began in May 1991 when the company Ingress Engineering Sdn Bhd was incorporated in Malaysia to manufacture automotive components for the growing number of carmakers in Malaysia and the ASEAN region. Over time, the company has expanded from merely producing simple parts to creating the complete range of components through sheer dedication and a relentless commitment to excellence.
The state-of-the-art technology that we utilise in roll-forming, joining, bending and stamping has enabled us to produce the complete range of components from co-extruded mouldings and door sash to the complete door systems. It has also equipped us with the capability to offer innovative engineering solutions and expertise for the region's automotive companies. Today, Ingress is proud to be known as one of the region's leading automotive component manufacturers with a difference.
Along the way, Ingress has harnessed the expertise to combine innovative processes, integrated manufacturing capabilities and simultaneous engineering with our high precision engineering capabilities. This distinguishing factor has primed the INGRESS brand for a wider reach beyond the shores of Malaysia.
The Company's vision is "To create a business organisation that combines a high-trust culture with entrepreneurial and professional attributes to enable Ingress to develop meaningful partnerships, both within the organisation and beyond".
Today, the corporate vision demonstrates the desired results as Ingress enjoys a reputable presence in Thailand and also Indonesia.
Aside from our core business of producing automotive components, Ingress also provides expertise and experience in the power engineering and railway sector where our involvement transcends to both the public and private sectors in Malaysia. The Group is also involved in offering industrial automation and automatic tank cleaning services to several industries including the oil and gas sector.
"KUALA LUMPUR, Oct 12 (Bernama) -- Ingress Corporation Bhd expects a revenue of RM57.5 million from projects to supply parts for a new model for Perusahaan Otomobil Nasional Sdn Bhd (Proton).
Ingress said it had received a letter of intent from Proton to supply roof drip mouldings through Ingress' wholly-owned subsidiary Ingress Engineering Sdn Bhd (IESB) and door sash through Ingress' 90 per cent-owned subsidiary Ingress Precision Sdn Bhd (IPSB).
Supply for the mouldings project will begin by the fourth quarter of financial year ending Jan 31, 2012, for a duration of five years, it said in a statement Tuesday.
The project is expected to generate a total revenue of RM7.5 million for IESB while its total investment for the project is estimated to be RM0.2 million in tooling, Ingress said.
The supply of door sash is expected to be at the end of financial year ending Jan 31, 2012, with a project duration of five years.
The project is forecast to generate a total revenue of about RM50 million for IPSB while the total investment in tooling and equipment is expected to cost RM16 million, Ingress said."
--click source BERNAMA (BI), (BM)
INGRESS History
The history of Ingress Corporation Berhad began in May 1991 when the company Ingress Engineering Sdn Bhd was incorporated in Malaysia to manufacture automotive components for the growing number of carmakers in Malaysia and the ASEAN region. Over time, the company has expanded from merely producing simple parts to creating the complete range of components through sheer dedication and a relentless commitment to excellence.
The state-of-the-art technology that we utilise in roll-forming, joining, bending and stamping has enabled us to produce the complete range of components from co-extruded mouldings and door sash to the complete door systems. It has also equipped us with the capability to offer innovative engineering solutions and expertise for the region's automotive companies. Today, Ingress is proud to be known as one of the region's leading automotive component manufacturers with a difference.
Along the way, Ingress has harnessed the expertise to combine innovative processes, integrated manufacturing capabilities and simultaneous engineering with our high precision engineering capabilities. This distinguishing factor has primed the INGRESS brand for a wider reach beyond the shores of Malaysia.
The Company's vision is "To create a business organisation that combines a high-trust culture with entrepreneurial and professional attributes to enable Ingress to develop meaningful partnerships, both within the organisation and beyond".
Today, the corporate vision demonstrates the desired results as Ingress enjoys a reputable presence in Thailand and also Indonesia.
Aside from our core business of producing automotive components, Ingress also provides expertise and experience in the power engineering and railway sector where our involvement transcends to both the public and private sectors in Malaysia. The Group is also involved in offering industrial automation and automatic tank cleaning services to several industries including the oil and gas sector.
Upcoming New proton Models, what paultan.org said?
"While the news on Proton’s new Proton Inspira model is still hot off the press, Proton is already busy preparing the final stages of its next generation Proton Persona, referred to so far by the Proton management as the “Persona R”. R in this case stands for Replacement.
We may be looking at the Persona R being launched somewhere in early to mid 2012 based on a filing by Proton parts supplier Ingress Corporation Berhad to Bursa Malaysia. Ingress reported that it received a Letter of Intents from Proton for the supply of two parts for a new project – Roof Drip Mouldings and Door Sash. Supply for both parts are for 5 years and are supposed to commence in Q4 of it’s financial year ending 31st January 2012, which means somewhere from November 2011 to January 2012.
There are a lot of exciting things coming up from Proton and their engineering resources must be quite stretched – the Persona R, the Campro Turbo engine (along with the Exora Turbo to debut next year), a revision to the normally aspirated Campro engines, matching their engines with new family of transmissions (Punch for CVT automatic and Getrag for manual), the Saga facelift, and preparing to put the Proton EMAS into production."
click source: paultan.org
So readers, it's too exciting hearing the news on the net. As motorsport and car enthusiast my prediction for next year models after the Inspira is Saga Facelift, following the Exora Turbo along with Neo Turbo then Persona R which i predict is the same model for Inspira Phase 2. That's all and Salam Motoring.
So readers, it's too exciting hearing the news on the net. As motorsport and car enthusiast my prediction for next year models after the Inspira is Saga Facelift, following the Exora Turbo along with Neo Turbo then Persona R which i predict is the same model for Inspira Phase 2. That's all and Salam Motoring.
