Northstar Aerospace (Canada) Inc. announces Union ratification of new collective agreement at its Milton plant

Listed:  TSX
Symbol: NAS

MILTON, ON, Nov. 11, 2011 /CNW/ - Northstar Aerospace (Canada) Inc., a wholly owned subsidiary of Northstar Aerospace, Inc., and the Canadian Auto Workers (Local 112) have finalized a new collective bargaining agreement for the workforce at the company's Milton, Ontario plant. Union membership ratified the agreement today.

Specific terms of the deal were not disclosed. Unionized employees at the Milton plant went on strike at 12:01am October 13, 2011.

"We are pleased to have the workforce back to focus on servicing our customers.  We thank our customers for their support and commit to them that the collective team will work hard to satisfy their requirements for high quality components to be delivered on schedule and to make up for any deliveries delayed by the stoppage" said Peter Jackson, President of Canadian Operation . Mr. Jackson also added "the company respects the collective bargaining process and both parties treated each other with dignity and respect throughout the negotiations".

Northstar Aerospace, Inc. (www.nsaero.com) is North America's leading independent manufacturer of flight critical gears and transmissions.  Northstar Aerospace is a public company (TSX:NAS) with operating subsidiaries in the United States and Canada.  Its principal products include helicopter gears and transmissions, accessory gearbox assemblies, rotorcraft drive systems and other machined and fabricated parts.  It also provides maintenance, repair and overhaul of helicopter engines and transmissions. The Company's executive offices are located in Chicago, Illinois.  Its plants are located in Chicago, Illinois; Phoenix, Arizona; Milton and Windsor, Ontario, Canada.

SOURCE Northstar Aerospace

For further information:

William J. Corley, Corporate Director of Human Resources at
wcorley@nsaero.com or 708.728.211

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Northstar Aerospace

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