Exechon Joint Venture Announces XMini Automotive Manufacturing Sale to UAE-Based REFCO Metals

XMini Technology Cuts Cycle Time in Half

Defence Industry, Farnborough 2018

Exechon’s XMini is going to work for Dubai-based REFCO Metals. The portable, high-precision robot makes parts to the exacting quality standards of the aerospace, defense and automotive industries. (PRNewsfoto/Lockheed Martin)
FARNBOROUGH, England, July 17, 2018. Exechon Enterprises L.L.C., a joint venture (JV) company comprising of U.S.-based global security and aerospace company Lockheed Martin, United Arab Emirates (UAE) -based Injaz National and Sweden-based Tecgrant AB, has sold an XMini industrial robotic manufacturing tool to REFCO Metals L.L.C., a UAE-based manufacturer of aluminum assemblies for luxury automobiles.

Exechon’s XMini is going to work for Dubai-based REFCO Metals. The portable, high-precision robot makes parts to the exacting quality standards of the aerospace, defense and automotive industries.

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“Today’s automotive industry moves fast and requires parts made to the most exacting specifications,” said Shafik Nasser, Chairman of Exechon Enterprises. “The XMini creates complex, high-precision parts while streamlining production and lowering costs, making it the perfect partner in a modern manufacturing environment.”

During a six-month verification process, REFCO Metals will use the XMini to manufacture a broad range of automotive-grade aluminum alloy extrusions. The company has an option to purchase additional machines.

“We are excited that with the sale of the XMini to REFCO Metals, Exechon has successfully leveraged its local and international partnerships, while supporting the UAE’s aims to becoming a regional leader in robotics and automation,” said Maher Nasser, Chairman of SABER Investment Company L.L.C., which manages Injaz National’s interests in the JV. “Collaboration like this is a prime example of how local and international partners can work together to enhance local manufacturing and support meaningful and lasting economic impact right here in the UAE.”

In a series of trials conducted at Exechon’s Application and Technology Center facility in Abu Dhabi, the XMini demonstrated its capability to machine complex parts with high precision in a single setup while improving productivity and cutting cycle/setup times in half.

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The XMini is on display at the Farnborough International Air Show at Ascent Aerospace’s booth in the U.S. Pavilion, Hall 2, Stand 2180. Media briefings for journalists will take place at the booth at the following times:

10:30 a.m. on Tuesday, July 17
1 p.m. on Wednesday, July 18
11 a.m. on Thursday, July 19

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