AEROSPACE INDUSTRIES ASSOCIATION REPORTS ANOTHER RECORD YEAR FOR AEROSPACE SALES
February 8, 2010:
Aerocast Inc. (CNSX: A; Frankfurt Stock Exchange: 0AE; www.aerocastinc.com) announces that the 2009 Year
End Review and 2010 Forecast, released by the Aerospace Industries Association (AIA), states that the
momentum generated by a remarkable period of growth carried the industry through the last year, and will
push aerospace sales to another record year in 2009. The AIA estimates that aerospace sales will reach
$214.1 billion in 2009, up more than 4 percent from 2008. The forecast states that net profit after
taxes for the aerospace industry increased 6.5 percent to $15.6 billion in 2009. The full report is
available on the AIA website at www.aia-aerospace.org.
About the Aerospace Industries
Association
The Aerospace Industries Association (“AIA”) is the premier trade association
representing major aerospace and defense manufacturers. More than 100 major aerospace and defense
companies are members of the association, embodying every high-technology manufacturing segment of the
U.S. aerospace and defense industry from commercial aviation and avionics, to manned and unmanned
defense systems, to space technologies and satellite communications. In addition, the association has
more than 175 associate member companies, all of which are leading aerospace and defense suppliers. The
AIA provides a forum for government and industry representatives to exchange views and resolve problems
on non-competitive matters related to the aerospace industry.
About Aerocast Inc.
Aerocast
operates a high-growth sand-casting foundry that produces complex aluminum and magnesium castings
primarily for the aerospace industry. Customers include Honeywell Aerospace, Hamilton Sundstrand,
Sikorsky Aircraft and Shimadzu Precision Instruments. Aerocast is experiencing high demand for its
products and has limited competition. Aerocast’s senior management team has over 200 years combined
experience in the aerospace foundry industry.
For more information, contact Raynard von Hahn at Tel.
(480) 830-0848 ext. 108 and e-mail raynard.vonhahn @ aerocastinc.com, or visit our website at
www.aerocastinc.com.
On Behalf of the Board of Directors,
Aerocast Inc.
Per:
“Raynard von
Hahn”
CEO and Director
Canadian National Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of this news release.
Not for
Distribution in the United States or to U.S. Persons.
If you would like to receive regular updates on
Aerocast please send your email request to info@aerocastinc.com.
|