Gibbs Signs Agreement For High-Speed Amphibian Production In Asia

AUBURN HILLS – Gibbs Amphibians (Gibbs) has signed a licensing agreement with Singapore Technologies Kinetics Ltd (ST Kinetics) for the manufacture and sale of high-speed amphibious trucks in Southeast Asia.

Gibbs Chairman Neil Jenkins said the company’s partnership with ST Kinetics was the first of several licensing agreements for Amphitruck products and technology that Gibbs plans to sign in the next several years. Financial terms of the agreement with ST Kinetics were not disclosed.

The Gibbs Humdinga is expected to strengthen ST Kinetics’ current offering of first-responder vehicles, including the ExtremV ? an all-terrain vehicle designed for emergency rescues, medical evacuations and the transport of emergency supplies and personnel.

An ST Kinetics spokesperson in Singapore said Humdinga’s ability to operate on both land and water will be especially useful in mitigating the devastating impact of tsunamis and other flood-related disasters.

“This new partnership represents a significant step forward for the future of transportation, as well as for Gibbs and ST Kinetics,” said Jenkins. “We’ve spent more than 15 years and $200 million to create an entirely new form of transportation, removing the age-old boundaries between land and water.

“ST Kinetics has recognized the significance of this breakthrough technology and they’re poised to capitalize on the opportunity.”

ST Kinetics is the land systems and specialty-vehicle arm of Singapore Technologies Engineering Ltd (ST Engineering), one of the largest companies listed on the Singapore Exchange with more than 22,000 employees, and more than 100 subsidiaries and associated companies in 23 countries.

“ST Kinetics is pleased to partner with Gibbs to offer the Humdinga’s ‘smart’ capabilities for disaster relief and first-responder operations,” said Patrick Choy, executive vice president and chief marketing officer for ST Kinetics. “With the Humdinga, we have expanded our stable of unique and versatile solutions for disaster-relief and first-responder emergency vehicles.”