Texmaco signs engine deal<\/p>\n
PERTH (Dow Jones): Australia's Orbital Engine Corp. (OE), an
\nengine technology concern, Monday said Indonesia's PT Texmaco
\nPerkasa Engineering has signed a license agreement to manufacture
\na range of Orbital Combustion Process two-stoke engines.<\/p>\n
The Indonesian engineering and heavy equipment company intends
\nto produce 30,000 three-cylinder two-stroke engines within two
\nyears, Orbital said in a statement.<\/p>\n
The three-cylinder engines will be closely followed by two-
\ncylinder and one-cylinder versions, Orbital said.<\/p>\n
\"In addition to servicing Texmaco's internal product demands,
\nOrbital views the new engine manufacturing venture as
\nstrategically placed to supply low-cost, high-quality OCP engines
\nto independent vehicle manufacturers worldwide,\" said Kim
\nSchlunke, Orbital Chief Executive Officer.<\/p>\n
Orbital will give Texmaco the technical know-how to set up a
\nproduction plant in Subang, Java, in return for a royalty of
\nbetween 3 percent and 5 percent on each engine, Orbital company
\nrepresentative Ken Johnsen later told Dow Jones Newswires.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/texmaco-signs-engine-deal-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
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