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Oct 18, 2006
LFMP prepares the production basis for important contract realization with the Minsk Tractor Plant.
"LFMP" Close Corporation, the largest die forging manufacture of Ukraine and CIS, prepares the necessary production basis for important contract realization with the Minsk Tractor Plant. The new workshop of driving axles turnout is created at the enterprise, and the schedule of units development and a complete cycle of driving axles manufacture are ratified for MTP production line. According to work plan agreement, the first experimential-industrial lot consists of 200 central reducers will be delivered to MTP up to the end of 2006. By February 2007 the facilities for producing 1,8 thousand reducers a year should be created on LFMP. And by July 2007 the facilities for producing 1,8 thousand front axles a year should be created on LFMP. In the second quarter of the year 2008, the enterprise LFMP is planning to produce 15 thousand axles a year, as it was stipulated by a contract. LFMP signed the agreement with Minsk tractor plant (MTP) in summer 2006 (the driving axles production on LFMP). This agreement includes the axles delivery for Byelorussian tractors with the capacity from 135 up to 210 h.p. Also the agreement between these enterprises is long-term and the annual axles supply to Ěinsk Tractor Plant will reach about $30 million.
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