Héroux-Devtek Receives Performance Excellence Award from Boeing
LONGUEUIL, QC, May 14 /CNW Telbec/ - Héroux-Devtek Inc. (TSX: HRX) a
leading Canadian manufacturer of aerospace and industrial products, today
announced that its Landing Gear Division received a silver-level Performance
Excellence Award from The Boeing Company recognizing Héroux-Devtek for its
outstanding delivery and quality performance in 2007.
Héroux-Devtek was one of more than 250 companies out of Boeing's
worldwide supply base to receive a Boeing Performance Award. This high level
of performance results from constant teamwork efforts at all sites of the
Landing Gear Division.
"Héroux-Devtek is very proud of being recognized by The Boeing Company,
which demonstrates our commitment to our customers," said Gilles Labbé,
President and Chief Executive Officer of Héroux-Devtek. "Our team is dedicated
to superior product quality and on-time delivery. All employees of our Landing
Gear Division have contributed to this effort and we thank them for their
support in building an enduring and growing relationship with Boeing."
About Héroux-Devtek
Héroux-Devtek (TSX: HRX), a Canadian company, serves two main market
segments: Aerospace and Industrial Products, specializing in the design,
development, manufacture and repair of related systems and components.
Héroux-Devtek supplies both the commercial and military sectors of the
Aerospace segment with landing gear systems (including spare parts, repair and
overhaul services) and airframe structural components. The Company also
supplies the industrial segment with large components for power generation
equipment and precision components for other industrial applications.
Approximately 70% of the Company's sales are outside Canada, mainly in the
United States. The Company's head office is located in Longueuil, Québec with
facilities in the Greater Montreal area (Longueuil, Dorval, Laval and
Rivière-des-Prairies); Kitchener and Toronto, Ontario; Arlington, Texas and
Cincinnati, Ohio.
Forward-Looking Statements
Except for historical information provided herein, this press release may
contain information and statements of a forward-looking nature concerning the
future performance of the Company. These statements are based on suppositions
and uncertainties as well as on management's best possible evaluation of
future events. Such factors may include, without excluding other
considerations, fluctuations in quarterly results, evolution in customer
demand for the Company's products and services, the impact of price pressures
exerted by competitors, and general market trends or economic changes. As a
result, readers are advised that actual results may differ from expected
results.
For further information: Héroux-Devtek Inc.: Gilles Labbé, President and
Chief Executive Officer, (450) 679-3330; MaisonBrison: Martin Goulet, CFA,
(514) 731-0000
HEROUX-DEVTEK INC.