Didn't even get a chance changing thread name and then bam, new...

Didn't even get a chance changing thread name and then bam, new contract and distributor for drill rigs:))))

Industrea kicks off China Coal Show with $4m new contract wins; becomes exclusive China distributor for HYDCO drill rigs
• Approximately A$4mnew contracts awarded for delivery of Advanced Mining Technologies (AMT) directional drilling and methane gas drainage system and continued increases in associated spare parts orders
• China subsidiary Wadam Industries appointed exclusive distributor in China/Mongolia for HYDCO drill rigs, adding to OEM offering for product support centre
• More than $36m of new product contracts now secured in China in under four months; additional sales leads expected from attendance at China Coal & Mining Expo 2009 (October 27-30)
Global mining products and services provider Industrea Limited (ASX:IDL) has marked its presence at this week’s China Coal & Mining Expo 2009, announcing today the signing of more than A$3.7 million of new product orders along with a new distribution agreement.
Visiting China for the leading tradeshow, Industrea Managing Director and CEO, Robin Levison, signed separate contracts for the delivery of an AMT directional drilling and methane gas drainage system to Zibo Mining Group’s Tingnan Coal Mine in Zibo City, Shangdong Province for A$3.05, along with A$0.7m contract for the delivery of AMT gas drainage drill rods to Beijing Huajin Wanshun Machinery Co. Ltd.
Industrea has also further broadened the OEM product range for its China product support centre, becoming the exclusive distributor in China and Mongolia for the industry leading HYDCO 1200H Multi-Purpose Drill Rig. The agreement signed with Hydco International Sales Company Pte Ltd is for a three-year period through to September 2012, and follows recent exclusive distribution agreements in the same market for Filter Technology Australia filtration systems and Marathon RL run flat tyre technology.
Manufactured in Perth, Australia, the new HYDCO 1200H is a high capacity drill rig with excellent hydraulic capacity, and is capable of both RC and diamond drilling applications. It features an upgraded 12 metre mast structure which produces 21.5 tonnes of pullback, while also providing increased internal space for make and break assemblies which retract internally when not in use.
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Attending the opening of the tradeshow in Beijing, Mr Levison said the company had now won more than $36 million in new product contracts to Chinese customers since the start of the new financial year in July.
“China is the world’s top coal market, and judging from the interest in our exhibition at the tradeshow the Chinese coal industry is rapidly gearing up for further expansion. With more than 300 exhibitors from 17 countries attending the show, Industrea is competing in a tough international field but continues to win new orders for its advanced mining productivity and safety equipment,” Mr Levison said.
“The strength of our customer relationships is shown by the winning of repeat business from existing clients for our market leading gas drainage direction drilling system.”
Hydco International Chairman Ross Hutton said he anticipated strong sales in the Chinese coal market for its new and advanced drill rig due to Industrea’s growing local presence and reputation for reliability and successful delivery.
Industrea’s Mr Levison said the company’s partnerships with leading mining equipment makers put it in an excellent position to secure additional revenue streams for its China product support centre, on top of orders for new Industrea equipment and ongoing support and maintenance.
“China’s coal industry continues to outperform, and Industrea is perfectly positioned to benefit by delivering the productivity and safety equipment required to sustain its forecast output growth,” Mr Levison said.
“When visiting Beijing, it’s hard not to be impressed by the scale of the nation’s rapid industrialisation, and the importance of developing a strong presence in the country for the benefit of not only Industrea, but all our Chinese stakeholders.”