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Aircraft Precision Products Expands with New Equipment Purchase

Ithaca, Michigan, August 2, 2006 Aircraft Precision Products (APPI) announced expansion of its high precision, aerospace machining capabilities with the acquisition of two Daewoo Puma CNC Turning Centers.Aircraft Precision Products expanded its high precision, aerospace machining capabilities with the acquisition of two Daewoo Puma CNC Turning Centers

The computerized machines and related tooling are being purchased for approximately $400,000. They will assist APPI with orders it currently has to manufacture transmission components used on the Army’s AH-64 Apache helicopter and allow it to pursue additional aerospace markets.

With its current machinery, APPI can machine parts with diameters from 4 inches to 50 inches. The new machines will help APPI improve its quality and delivery times for parts with smaller diameters.

“These machines expand our range while continuing to highlight our high quality precision machining expertise," said Bill Henderson, APPI president. “They allow us to better serve our current customers while attracting new ones."

Henderson added that the personal property tax reduction enacted last year by the Governor and Legislature was a factor in deciding to make the purchase.

“The personal property tax reduction does provide an incentive to consider new acquisition and expansion," Henderson said.

The machines were purchased through Phoenix Machine Tools, Inc. of Plymouth, Michigan.

APPI employs 65 people and specializes in bearing housings, retainers, rings, and rotating and complex turning parts made from titanium, nickel, cobalt, stainless steel, aluminum, inconnel, and other metals for gas turbine engines.

APPI is a primary supplier to GE Aircraft Engines and the U.S. Department of Defense. In addition, APPI has produced numerous parts for land-based power generation engines, turbo truck engines, locomotives, and medical equipment. It was established in 1946.

For additional information:
http://www.army-technology.com/projects/apache/
http://www.geae.com/engines/military/t700/index.html

Contact us today to learn more about APPI's specialty services for the metalworking industry.