Manufacturing Industry
Composite Technology Signs Agreement with Aquila for ACCC Line Installation of FRP Composite Cored Aluminum Electrical Transmission Cable.
Advanced Materials & Composites News, July, 2003
June 17, 2003 - Composite Technology Corporation (CTC) (OTC Bulletin Board: CPTC) of Irvine, California announced the signing of a Letter Agreement with Aquila, Inc. (NYSE:ILA) (Aquila) for testing of its proprietary aluminum conductor composite core (ACCC) electrical transmission cable on a segment of Aquila's transmission system. CTC will provide ACCC cable and hardware; Aquila will install CTC's products on a designated portion of its transmission system and will operate and monitor the line.
Composite Technology's CEO, Benton Wilcoxon, stated, "We are very pleased to be able to demonstrate our new conductor within Aquila's live service environment and are confident that this is only the beginning of additional projects with Aquila as well as other...
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