TORONTO – Firan Technology Group has signed an amendment to a five-year agreement with an aerospace OEM, covering the transition of product from the PhotoEtch acquisition to existing FTG Aerospace facilities.

The agreement acknowledges FTG has retained 100% of the business. The products will be manufactured using existing capacity within FTG's Aerospace facilities located in Canada, the US, and China. The products will support platforms for both commercial and government programs.

"When we entered into the acquisition of PhotoEtch, our goal was to retain as much of the revenue stream as possible but move it into existing FTG sites," said Brad Bourne, president and CEO, FTG. "By doing this, we could give the customers a more secure source of supply and at the same time drive up FTG utilization rates."

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