DJ Trackwise Designs (TWD): IHT capacity to be quadrupled
Edison Investment Research Limited Trackwise Designs (TWD): IHT capacity to be quadrupled 20-Nov-2020 / 08:45 GMT/BST London, UK, 20 November 2020 Trackwise Designs (TWD): IHT capacity to be quadrupled Trackwise has announced a placing and open offer, potentially raising up to GBP12.0m (gross). This is to fund a new manufacturing facility that is expected to quadruple IHT production capacity. The additional capacity is required to support the up to GBP38m electric vehicle (EV) contract announced in September and potential volume orders from electro-surgical catheter manufacturers and aerospace OEMs and suppliers. Trackwise Designs is a UK manufacturer of specialist products using printed circuit technology. These include a lightweight replacement for conventional wiring harnesses known as IHT and RF antennae. In FY19, 64% of revenues related to exports. Click here [1] to view the full report. Subscribe [2]to Edison's content to receive reports by email. All reports published by Edison are free-to-access and available on the website [3]. About Edison: Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world-renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisers and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting. Edison is authorised and regulated by the Financial Conduct Authority [4]. Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities. For more information please contact Edison: Anne Margaret Crow, +44 (0)20 3077 5700 tech@edisongroup.com Learn more at www.edisongroup.com [5] and connect with Edison on: LinkedIn https://www.linkedin.com/company/edison-group- [6] Twitter www.twitter.com/Edison_Inv_Res [7] YouTube www.youtube.com/edisonitv [8] Dissemination of a CORPORATE NEWS, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. End of Announcement - EQS News Service 1149555 20-Nov-2020 1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=68b4a0be4a389f81c0486287c4448c89&application_id=1149555&site_id=vwd&application_name=news 2: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=dc4b6da9609a3fa15934b7007f0912b2&application_id=1149555&site_id=vwd&application_name=news 3: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=2d62d350e44141e01d1766d8ed0b3f95&application_id=1149555&site_id=vwd&application_name=news 4: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=105fe9be9b5e36892886e5a39d51d4b7&application_id=1149555&site_id=vwd&application_name=news 5: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=88c95533002fab2316572f9ef6cf3cc6&application_id=1149555&site_id=vwd&application_name=news 6: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=afe662765000a80ab72afd922939c992&application_id=1149555&site_id=vwd&application_name=news 7: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=ec2d264fe4f303e2143a2e85c6eaa823&application_id=1149555&site_id=vwd&application_name=news 8: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=6b959e4d7ee3c402b931a274d2bbe945&application_id=1149555&site_id=vwd&application_name=news
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November 20, 2020 03:45 ET (08:45 GMT)
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