ALTA PRECISION is awarded multi-year contract from Brazil-based Embraer/ELEB Aerospace

For manufacturing Landing Gear components for Embraer's E-Jet E2 aircraft series

FARNBOROUGH, UK, July 16, 2014 /CNW Telbec/ - ALTA PRECISION, a Québec-based Aerospace leader, is proud to announce it has been awarded a contract from Brazilian leading OEM Embraer for the manufacturing of two main landing gear components for its E-Jet series of narrow body airliners "E2" generation.

Under the terms of this long-term contract, Alta Precision will start to supply these key components of the Embraer E-Jets E2 main landing gear by March 2015. This important contract will require significant investment to expand Alta Precision's current manufacturing sites in Montreal, QC, and welcome 15 additional skilled technicians to its talented workforce.

Attending the Farnborough International Airshow this week, Guillermo Alonso, President of Alta Precision, stated "The signature of this important contract is aligned with Alta Precision's complete focus on R&D, Safety and Quality. This is the result of strategic decisions taken several years ago to focus on becoming a world leader in supplying built to print landing gear systems. This announcement makes me very proud of what we have accomplished so far and what is yet to come. My team and I are excited to start working on this contract and deliver on-time cost-effective components of the highest quality to Embraer".

Alta Precision's success is rooted into a strong management team, a global reputation of excellence and a 100% commitment to delivering competitive aerospace products in full compliance with the industry standards. Today, with numerous major contracts in the order book, Alta Precision is concluding another promising agreement with Embraer/ELEB Aerospace. Alta Precision is also grateful to Canada Economic Development for Quebec Regions (CED), Quebec's Ministry of Economy, Innovation and Export Trade (MEIE), and Emploi-Québec for their continuous support.

COMPANY PROFILE
Alta Precision is a Canadian company based in Montreal, Canada. Founded in 1979, the company employs over 100 employees and offers a diversified range of aerospace/landing gear products and services. Sharing a family-oriented business culture with its team and partners, Alta Precision dedicates every effort and resource to manufacture complex landing gear components, mainly for commercial and military aircraft. Among its clients are some of the most recognized OEMs and organizations in the aerospace industry, such as the US Air Force, Messier-Bugatti-Dowty, Liebherr Aerospace, Héroux-Devtek and UTAS. 

* E2 is a trademark of Embraer and/or its subsidiaries.

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 the management's best possible evaluation of future events. As a result, readers are advised that actual results may differ from expected results.

AltaPrecision.com

SOURCE Alta Precision Inc.

For further information:

From:  Alta Precision Inc.
Guillermo Alonso, President

Media Contact: JetLag Communications
Valérie Laganière, MBA
+1.514.978.4134