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Royal Laser Tech Wins $30 Million Bus Contract

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TORONTO, Ontario, Canada, Feb. 27 -- Royal Laser Tech Corp., a producer of metal parts and assemblies, has entered into a supply agreement with Orion Bus Industries, a subsidiary of Freightliner LLC, to fabricate and supply components of the Orion VII bus frame to Orion over the next three years. The contract should result in revenues to Royal Laser of between $25 and $35 million per year.     "This is a terrific opportunity and a very good deal for Royal Laser," said Bill Iannaci, president of Royal Laser. "We have been seeking to solidify and expand supply relationships with excellent...Read full article

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    Published: February 2001
    industrialNews & Features

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