6/15/2009
NEWS BRIEFS
Tan Heads TR Asia
Trifast plc appointed Thomas Tan as managing director for TR Asia Investment Holdings PTE Ltd.
Thomas, 55, was one of the founders of Formac Technologies PTE. He previously was managing director of TR Formac and involved in setting up TR Shanghai.
TR Fastenings CEO Jim Barker said Tan’s “expertise in the fastener industry will help the business through the next stage of its development.”
Tan sees his focus as developing TR business in China. “Despite the current economic situation I see huge opportunities for development not just within China, but throughout the Asian region as a whole,” Tan said.
Founded in 1973 as an industrial fastener distributor, today Trifast manufactures and distributes industrial fasteners and components and reported 2008 sales of £130 million (US$240m). Trifast has 37 locations and 1,200 employees. Trifast began VMI program in 1992 and was listed on the LSE in 1994. In 2005 Trifast acquired Serco-Ryan. Trifast began manufacturing in 1976 and today operates six plants in China, Singapore, Malaysia, Taiwan and the UK, and is headquartered at: Trifast House, Bellbrook Park, Uckfield, E. Sussex TN22 1QW UK. Tel: (44) 800 731-5553 Fax (44) 800 525230 ©2009 GlobalFastenerNews.com
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