Local company in multi-million-dollar deal with equipment manufacturing giant

Barbados TODAY: “We are thrilled to be the group of companies with whom SANY Worldwide has chosen to partner for the English-speaking Caribbean countries. This is testimony to the ongoing growth and development of our group and our investment in human resources and deployment of financial capital throughout the region.” Meanwhile, SANY said the partnership and collaboration will bring “unlimited possibilities” for business expansion for both parties in the region and the provision of more high-quality machines and comprehensive services to the end customer. The Maloney company, which is headquartered at Bushy Park, St Philip, said it is in a position to meet the needs of the industries it serves, such as construction, mining, port, agriculture, power generation, highway and transportation. SANY’s extensive product range includes construction and mining equipment, port machinery, oil drilling machinery, and renewable wind energy systems and the company boasts annual sales and revenue that exceed US$27 billion. Last May, Universal Aviation, the worldwide Fixed-Based Operator (FBO) and ground support division of Universal Weather and Aviation, Inc., established a presence in Barbados through a new joint venture agreement with Maloney’s M Jet Aviation Barbados at Grantley Adams International Airport (GAIA). FBO is given to a commercial enterprise that has been granted the right by an airport authority to operate in that airport and provide aviation services such as fuel, parking and hangar space to the general aviation community. (EJ)]]>