Aerospace segment's landing gear products operations honoured in
Development Program category
LONGUEUIL, QC, Nov. 18 /CNW Telbec/ - Héroux-Devtek Inc. (TSX: HRX) a leading Canadian manufacturer of aerospace and industrial products, today announced that Brazilian aircraft manufacturer Embraer has awarded the Aerospace segment's landing gear products operations the Embraer Suppliers Award - ESC 2009 in the Development Program category.
This award recognizes Héroux-Devtek's performance excellence in quality, flexibility, deliveries, customer support and development for its involvement in the Legacy 450 and 500 business jet programs. The Aerospace segment designs and develops the landing gear for these jets as part of a life-cycle contract obtained in July 2008. Héroux-Devtek was one of nine companies worldwide honoured in as many categories.
"This prestigious award further demonstrates our commitment to provide outstanding customer service at all levels of the organization," said Gilles Labbé, President and Chief Executive Officer of Héroux-Devtek. "Combined with similar recognition conferred by OEMs and military organizations in recent years, this honour confirms Héroux-Devtek's status as a worldwide leading provider of superior quality products and services."
"Such recognition of our technical expertise reflects the excellence of our landing gear design and development capabilities," said Martin Brassard, Vice-President and General Manager of Héroux-Devtek's landing gear products operations. "From the very beginning, our relationship with Embraer has been solid and based on mutual trust. We greatly appreciate this spirit of collaboration which has fostered a true partnership between the two organizations."
"We are very pleased with the performance of Héroux-Devtek in the Legacy 450/500 program. Their consistent and outstanding results made the difference in such a key development up to now," said Helio Bambini Filho, Vice President, Supply Chain of Embraer.
Héroux-Devtek (TSX: HRX), a Canadian company, serves two main market segments: Aerospace and Industrial Products, specializing in the design, development, manufacture and repair and overhaul of related systems and components. Héroux-Devtek supplies both the commercial and military sectors of the Aerospace segment with landing gear (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 65% 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.
Héroux-Devtek was recognized, in the July/August edition of The Globe & Mail's Report on Business magazine, as the fourth fastest growing company in Canada measured in terms of net earnings growth between 2003 and 2008.
Embraer (Empresa Brasileira de Aeronautica S.A. - NYSE: ERJ; Bovespa: EMBR3) is the world's largest manufacturer of commercial jets up to 120 seats, and one of Brazil's leading exporters. Embraer's headquarters are located in Sao José dos Campos, Sao Paulo, and it has offices, industrial operations and customer service facilities in Brazil, the United States, France, Portugal, China and Singapore. Founded in 1969, the Company designs, develops, manufactures and sells aircraft for the commercial aviation, executive aviation, and defense segments. The Company also provides after sales support and services to customers worldwide.
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.
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SOURCE Héroux-Devtek Inc.
For further information: For further information: Héroux-Devtek Inc.: Gilles Labbé, President and Chief Executive Officer, (450) 679-3330; MaisonBrison: Martin Goulet, CFA, (514) 731-0000