The Stability You Need... The Ride You Want
Welcome to Raydan’s News & Information section. Below you will find a series of Newspaper and Magazine Articles, the Raydan Review and News about Raydan's Products. It is catalogued by date, so if you cannot find what you are looking for, please do not hesitate to contact one of our Raydan’s Representatives who will assist you further.
If you are looking for information on Raydan's Investor Relations and to view copies of our Press Releases you can find us under RDN under the TSX.
28/05/2010
Edmonton, Alberta – May 28, 2010 Raydan Manufacturing Inc. (TSX-V: RDN) is pleased to announce the availability of the latest addition to their line of military products; the Load Handling System Trailer intended for the Canadian Army’s Medium Support Vehicle System.
“The availability of this new trailer is an excellent strategic move for the company,” says Ray English, CEO & President, “As this new product development builds upon the highly successful ‘state of the art’ Tactical Trailer Suspension currently being manufactured for the US Marine Corp. Due to their specific requirements and the unique conditions under which the military operates, the new LHS Trailer with its TTS provides industry leading durability meeting aggressive Mean Time Between Mission Failure (MTBMF) goals.”
Raydan suspensions have been in service with DND on its HESV fleet for almost fourteen years and in excess of 1,000 suspensions are also in service with the British Army (in Canada), US Army, US Air Force, US Marine Corps and NASA. This wealth of experience has given Raydan the foresight to engineer and incorporate the best design practices in the trailers structure.
Raydan continues to advance its market penetration through products that have received strong market recognition and critical acclaim. Raydan Manufacturing Inc. is a global leader in developing and supplying innovative products such as the patented Air Link™ tandem front and rear suspensions and the Easy Slider™ sliding kingpin system, which have gained strong market recognition and critical acclaim. The Company has also achieved great success engineering mobility and capacity enhancements for a wide variety of truck configurations including both tactical and logistical vehicles. Raydan prides itself in being a technology driven company, supplying innovation to the industries they serve, investing heavily in engineering, research and development. Their mission is to develop quality products that define engineering excellence.
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23/02/2010
To our valued customers, suppliers, dealers and shareholders:
On February 19, 2010, Raydan Manufacturing Ontario Inc was voluntarily placed into receivership under the direction of privately appointed trustees from Price Waterhouse Coopers.
This move, in no way, reflects the dedication and determination of the employees of the Ontario based operation. Due to economic factors in the Ontario market, on-going losses experienced by the Raydan Manufacturing Ontario Company could no longer be sustained. Management at Raydan will concentrate efforts on its core business - the manufacture and design of world class heavy-duty equipment components. Going forward, Raydan will focus on keeping costs in line with the current economic reality, while operating efficiently and safely. The move to divest of the Ontario operation will have little effect on the Nisku operations or the parent company, Raydan Manufacturing Inc.
Raydan’s Nisku facility will continue as the centre of excellence for engineering, manufacturing, sales and chassis modifications. Management is currently working to expand our customer base and to develop new product lines, which have historically been the most profitable revenue generators for Raydan. This change in our direction will assist in accommodating these new ventures now and into the future.
Raydan’s Nisku operations are poised to handle all manufacturing, twin/tri steer conversion and additional
axle requirement requests and will continue to do so with no interruptions to our valued customers
and/or vendors.
Thank you for your support.
Download01/02/2010
An indepth Newspaper showcasing what's going on at Raydan and in the industry over the past year.
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