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Financial Restructure & Growth and Consolidation |
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Since the mid-nineties the prime aerospace companies have been consolidating to achieve:
- Economy of scale benefits
- Increased market share
- Consolidated prime contractors are subcontracting with fewer subcontractors and are expecting more from them.
- That trend has now reached our Tier III environment.
- Industry participants of the future will be larger, well-funded, capable and competitive….
- Weaker companies will cease to exist, or will fall to Tier IV.
- As a response, Air Industries has restructured…..
- Air Industries Machining Corporation was acquired as the platform aerospace company on November 30, 2005.
- Additional target companies will be acquired and consolidated into the existing Air Industries infrastructure.
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