CDI Announces Alliance with Toyo Engineering Corporation to Provide Engineering, Procurement and Construction Services in China
PHILADELPHIA, March 15, 2012 /PRNewswire/ -- CDI Corp. (NYSE: CDI) announced today that it has entered into an alliance with Toyo Engineering Corporation to provide engineering, procurement and construction (EPC) services to polysilicon producers in China and Taiwan.
With this alliance, signed for a term of five years, CDI can team with Toyo, a leading EPC contractor in Asia, to assist in the design of trichlorosilane and polysilicon facilities. CDI will provide conceptualization, front-end loading and technology integration, while Toyo will handle detailed design, procurement and construction of the polysilicon plants. The polysilicon produced in these facilities can be used in solar cells or in microelectronic applications.
"Toyo Engineering Corporation is very optimistic regarding the future demand for solar energy solutions in China and Taiwan," said Kenji Soejima, Toyo Executive Vice President. "Our alliance with CDI will position Toyo to provide services ranging from conceptual studies through constructed facilities in this important and growing market."
"CDI has successfully designed polysilicon plants around the world," said Robert Giorgio, CDI Executive Vice President. "By combining our expertise with Toyo's extensive project experience in the Asian marketplace, we can offer competitive and comprehensive solutions to meet the growing demand for solar energy in China. This is an important step in our strategy to create strategic alliances with proven leaders in the engineering services marketplace."
CDI Corp. (NYSE: CDI) is an integrated, market-leading engineering and technology services firm providing differentiated, client-focused solutions in select global industries. CDI provides Global Engineering and Technology Solutions and Professional Services Staffing through its global business operations in the Americas, EMEA and APAC. The Company also provides staffing services through its franchised Management Recruiters International, Inc. (MRI) operating unit. Learn more at www.cdicorp.com.
About Toyo Engineering Corporation
Toyo Engineering Corporation (TOYO) is one of the world's leading Engineering, Procurement and Construction (EPC) contractors. TOYO's engineering business focuses on the segments of Energy, Oil Refining, Petrochemicals & Chemicals, Oil & Gas Development, Infrastructure, Environment, and other manufacturing facilities.
For more information, visit http://www.toyo-eng.co.jp/.
SOURCE CDI Corp.
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